What is form 710 ? For my Chula Vista Short Sale ?

Call SANDIEGOHOUSESHOP.COM AT  (619) 354-4636  or Click here http://www.sandiegohouseshop.com/contact to Reach a CHULA VISTA AND SAN DIEGO  SHORT SALE SPECIALIST     Hugo Sanchez Realtor

WHAT IS FORM 710 FOR A SAN DIEGO & CHULA VISTA SHORT SALES? 

Short Sale Soundoff: Uniform Borrower Assistance Form 710 now in effect

Effective Nov. 1, the Uniform Borrower Assistance Form 710 is now included in the foreclosure solicitation letter for all Fannie Mae, Freddie Mac, and military short sales and deeds in lieu of foreclosure transactions.

The new form streamlines the document collection process and reduces the number of forms required by obtaining financial information from a delinquent borrower, or a borrower in imminent default, earlier in the process.

Borrowers will now be required to submit the hardship documentation set forth in Form 710 to demonstrate a valid long-term or permanent hardship for modifications, including HAMP modifications.  This form replaces the Home Affordable Request for Modifications and Affidavit and the Fannie Mae Form 1020 (Borrower’s Financial Form).

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With this new form we will be able to help you better and according to the banks it will make the Short Sale in your Chula Vista or  San Diego HOME  a little bit more effective . 

If you have any questions we are here to help you out!  


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