Short Sale and Loss Mitigation Requirements

Documents required from the Seller:

1. Two most recent years of tax returns
2. Three months worth of most recent bank statements (all accounts)
3. One months worth of most recent pay stubs, or a profit and loss statement to date, if self employed. Evidence of other sources of income, such as unemployment, social security, pension, etc
4. Mortgage Statements
5. Brief description of the hardship
6. Documentation associated with the hardship
7. Authorization to communicate with the lender(s)

Documents required from the Realtor:

1. Listing Agreement
2. Listing History, if available
3. Offer to Purchase

Documents provided by the Title Company:

1. Preliminary HUD-1 Settlement Statement
2. Title Insurance Commitment

In order to initiate a process, click here to download our Welcome Letter, Consulting Agreement, Borrowers Authorization, and Lien documents.