What is a Complete Short Sale Package?
April 15th, 2009 categories: Short Sales
A complete Short Sale Package will help you get the attention from the Loss Mitigation Department.
Often People do not understand what is to be included in a Short Sale Package. An incomplete file often gets put at the bottom of the pile.
To make sure this does not happen to you, I am putting together information on what is needed to negotiate a Short Sale with your lender.
All Short Sale Packages will only be assigned a Loss Mitigator with a complete package.
| Items | Seller | Buyer |
| Executed Sales Contract | X | X |
| Executed Short Sale Rider | X | X |
| Mortgage Commitment Letter | X | |
| Listing Agreement with Realtor | X | |
| W-2 (Two Years) | X | |
| Pay Stubs (Two Months) | X | |
| Tax Returns (Two Years) | X | |
| Financial Statement | X | |
| Hardship Letter | X | |
| Signed Authorization to Release | X |
