Horizon Investment Group, LLC prides itself on providing all parties whom we consultant or
perform services in conjunction with the most updated information pertaining to their situation
as possible. below are a set of frequently asked questions for your review. The F.A.Q.’s are to
help bring you at ease about the short sale experience. The last page of this document is an
agreement by which you accede to release our firm of any and all liability. Agreement in
addition explains the services we will be obligated to perform on your behalf and our fees. You
must sign this form or our firm will be unable to assist you any further. Please seek legal and
financial/ tax counsel is there is any you don’t have a clear and concise understanding to what
you are reviewing and signing.

“Foreclosure is not easy nor something we want to deal with BUT WE HAVE TO”

We help you to FIRST understand your options.

Next, we have (2) choices: we can help you sell your home and salvage your credit ratings
through a short sale or we can help you stay in your home and start over with new monthly
payments through a loan modification, repayment plan, or forbearance. Horizon Investment
Group, LLC will conduct all negotiations on your behalf. What you need to do is provide us
with the necessary information to get the process started, which starts with an authorization to
talk with your lender and a hardship letter. The hardship letter or explanation statement explains
to us and the lender what happened to you financially that caused this tragedy.
What information should you be prepared to provide?

1.      2 Months Bank Statements from all personal accounts
2.      2yrs W-2
3.      2yrs Tax Returns
4.      2 last pay stubs
5.      Mortgage Settlement Docs and Subsequent Refinance Docs
6.      HIG, LLC Properties Info Pak
7.      Evidence of All Expenses and Income

What must the property owner be prepared to do to ensure a better outcome?

       o   Sign a listing agreement with the realtor for a minimum of 90 days
       o   Prepare the property for showing
       o   Cooperate with access, showings, offers, the realtor
       o   Vacate the home following close of title
       o   Agree not to finance or otherwise encumber the property or yourself
       o   Be responsible to maintain the home in "show" condition
       o   Be responsible for minor repairs to the home
       o   Be a responsible homeowner until close of title and vacancy of home.


What qualifies a borrower for a short sale?

       o   Borrower usually must have been delinquent on their mortgage payments
       o   Borrower must demonstrate a true hardship
       o   Other Loss Mitigation Solutions have not been successful

Who decides if short sale is approved?

        Lender(s) must approve any transaction in which a lien is being satisfied for less than the amount owed

Are all short sales accepted?

        It’s important to realize that only 75% of short sales are accepted. That means that 25% of these transactions will fall
        apart. Simply if ten short sales are on a loss mitigator’s desk, seven will be approved. Don’t take it personally;
        remember, to the bank your one of many clients. However the package that we send for you will better your chances
        as most files are poorly prepared and often incomplete.

Will a finalized short sale due harm to my credit?

        When everything goes well, the lender will approve your short sale. As part of the negotiation, you might ask that the
        lender not report adverse credit to the credit reporting agencies, but realize that the lender is under no obligation to
        accommodate this request.

Seller Disclosure and Hold Harmless Agreement
Horizon Investment Group, LLC its owner(s), officer(s), employee(s), partner(s), affiliate(s)
and assign(s), makes no representation with respect to any legal, credit, and tax
ramifications for completing a short sale. The consultants at our firm are not real
estate/mortgage brokers, lawyers or CPA’s and cannot advise on any consequences
associated short sales, and other mortgage defaulting consequences.

This material is provided strictly for educational and informational purposes only and does
not constitute a recommendation or endorsement with respect to any company or product.
Distributor makes no representations and specifically disclaims all warranties, express,
implied or statutory, regarding the accuracy, timeliness, completeness, merchantability or
fitness for any particular purpose of any material contained in this disclosure or its
subsequent/ attached documents. We recommend you seek the legal advice of a
professional regarding your particular situation.

Date: _______________        Signature: _______________________________

Print Name: ______________________________

Date: _______________        Signature: _______________________________

Print Name: ______________________________


Date: _______________        Signature: _______________________________

Print Name: _______________________________ (Principle)

Seller Disclosure and Hold Harmless Agreement

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