After researching on AppliancePartsPros.com, it was clear that I needed to replace the bellow seal that keeps water in the tub when in use. I was able to easily find the part I needed and complete the repair with the online video. The repair was very simple, the exception being the wire clamp that holds the seal on the front lip of the washer. This was a bit tricky to move into place without damaging the seal and just requires good channel locks and patience.
Overall, very satisfied and would definitely order again from Appliance Parts Pros.