The benefits of short
selling over foreclosure are obvious. A
foreclosure puts a long-lasting black mark
on your credit history and the process can
be long and costly. Short selling can be
much faster and less expensive, and it
doesn't look as bad on your credit report as
a foreclosure.
Authorization to Release Information
This document is signed by the homeowner and authorizes the investor/Realtor to speak with the mortgage company on behalf of the homeowner. It is the first document you need in order to get the process moving.