Documentation Needed For a Short Sale
Realtor:
- Letter of Authorization (signed by seller)
- Letter of facts about the property
- Market analysis
- Photo's
- Copy of all showings with dates and feedback
- Copy of Listing Contract
- Copy of Purchase Contract (if applicable)
- Review letter of hardship
- Send to Loss Mitigation Department
Seller:
- Two years of tax returns with W'2s
- Three months of bank statements
- Current monthly budget
- All mortgages with account numbers
- Any pending bankruptcy
- Hardship letter
- Last 30 days of pay stubs (if applicable)
