All of the documentation needed to start a Short Sale is commonly called a “Short Sale Package” and is usually submitted by the seller of the property, the agent representing the seller, or the investor interested in the property. The package usually includes the following items:
- Cover Letter
- Authorization to Release Information to a 3rd Party (your Realtor)
- Seller’s Hardship Letter
- Seller’s Financial Information
- 2 Years W2s
- 2 Months Pay Stubs
- 2 Months Bank Statements
- Supporting Hardship Information – HOA Liens, medical/disability statements, etc…
If FHA or VA loan, subject to special documents provided by appropriate agency
The packages submitted to the bank must have the lender’s name, the borrower’s names, loan numbers, and contact information for all parties.
If you have more than one lender, the entire package must be sent to both lenders. Note: Items required my vary depending on the lender.
Please contact me for a FREE consultation if you are considering a short sale. I do not charge any up-front fees and will provide you an compassionate and honest answer about your situation. Call me at (714) 904-7877
I specialize in short sales in Yorba Linda, Placentia, Brea, La Habra, Anaheim, Anaheim Hills, Orange, Fullerton, Villa Park, Tustin, North Tustin, Buena Park, La Mirada, Whittier, Diamond Bar, Chino Hills, Rowland Heights, and La Habra Heights