To begin negotiations with the lender, you need to provide us with the following documents and information that will be organized into a short sale package. The package usually includes the following items (items may vary depending upon the lender):

Write the loan number on the top or bottom of each document

• Borrower Financial Information Form 1126   PDF
• Seller’s Hardship Letter
• Any Supporting Documentation for Hardship
• Authorization to Release Information      PDF
• 2 Months Pay Stubs
• 2 Years FULL Tax Returns & W-2’s
• 4 Months Most Recent Bank Statements (checking, savings, etc.)
• 2 Repair Estimates for the Property (handyman repair or contractor proposal)
• Current Mortgage Statement for 1st Loan
• Current Mortgage Statement for 2nd Loan
• Purchase and Sale Agreement (signed by sellers and buyers)
• Doctors’ Reports (if any)
• Original Mortgage Documents and HUD 1
• Letter FSBO that seller tried to sell for 90 days (if applicable)
• 3 Comparable Sales for the Property
• Lease or Rental Agreements for rental properties, Rental Property Schedule (if applicable)   PDF
• First Mortgage Holder may ask for a Payoff Amount from the 2nd
• Second Mortgage Holder may ask for a Payoff Amount from the 1st
• Realtor Letter along with expired listing or withdrawal
• CMA (Comparable Market Analysis) Report(s)
• BPO Report
• Pictures
• Proof of Taxes & Insurance if not included in loan payment (copy of bill)
• Homeowners Association Statement (if applicable)
• FHA and VA have their own forms and special requirements