The Short Sale Package
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All of the documentation needed to start a short sale is commonly called a "Short Sale Package".  The package usually includes the following items:

This is a Sample Short Sale Package (items may vary depending upon the lender):

• Authorization to Release Information – Allows us to communicate on your behalf with the bank, but is NOT a power of attorney

   

• Sellers Hardship Letter – VERY IMPORTANT

   

• Seller’s Financial information – We will provide you with the form

   

• 1 month pay stubs – If married, both spouses

   

• 2 months bank statements

   

• Supporting Hardship Info – HOA liens, medical/disability statements etc.

   

• First mortgage account number

   

Second mortgage account number if applicable

Not as much as you would think.  Remember, we will guide you through EVERY step of the way.