Friday, March 20, 2009

What is an Authorization to Release Form?

(My Original Blog Post: http://ping.fm/BO5LA)
 

Your friends or family going through a short sale, before the bank gives them info they may need to give some info through Authorization to release form...



What is the Authorization to Release Form?
View this Authorization to Release info form
This form would be 1 of many items in the Short Sale to Package.

Here is an example of the language you would see in a Authorization to Release info:


Borrower/Owner:


Social Security Number:


Property Address:


I/We hereby authorize______________________


and it's agents to obtain any and all information with respect to the following items:


1. Any and all information on my existing loan, including but not limited to:


My mortgage loan with (Lender)_______________________________


Under Loan Number:________________________________________


2. Any and all information on any existing liens against the above named property, including but not limited to information for any lien holder/and or their attorneys


3. This document may be reproduced by the individual or company to obtain information from multiple sources as needed


Please provide________________________________________


with any and all information requested on our behalf


{Borrower's Signatures}


{Co-Borrower's Signatures}

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