QuestionJune 10, 2025

Why is it vital to have the authorization to release information form signed? Because it serves as the contract between the listing agent and seller client Because listing agents cannot accept an offer on a short sale without it Because HUD prohibits listing agents proceeding with the short-sale transaction without it Because the servicer cannot discuss the borrower's/seller's loan with the listing agent without one

Why is it vital to have the authorization to release information form signed? Because it serves as the contract between the listing agent and seller client Because listing agents cannot accept an offer on a short sale without it Because HUD prohibits listing agents proceeding with the short-sale transaction without it Because the servicer cannot discuss the borrower's/seller's loan with the listing agent without one
Why is it vital to have the authorization to release information form signed?
Because it serves as the contract between the listing agent and seller client
Because listing agents cannot accept an offer on a short sale without it
Because HUD prohibits listing agents proceeding with the short-sale transaction
without it
Because the servicer cannot discuss the borrower's/seller's loan with the listing agent
without one

Solution
4.1(313 votes)

Answer

Because the servicer cannot discuss the borrower's/seller's loan with the listing agent without one. Explanation The authorization to release information form is crucial because it allows the servicer to discuss the borrower's or seller's loan details with the listing agent. Without this authorization, the agent cannot obtain necessary information to facilitate the transaction.

Explanation

The authorization to release information form is crucial because it allows the servicer to discuss the borrower's or seller's loan details with the listing agent. Without this authorization, the agent cannot obtain necessary information to facilitate the transaction.
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