What is in my Short Sale Package?

The short sale package is extremely important. Although a simple list (like below) is helpful, having the proper formatted paperwork is crucial. I will assist you in preparing the Hardship Letter and the Financial Statement to make sure you have provided all of the necessary information. My short sale package is designed to ensure there are no missing documentation that could stall the approval process of your short sale file. Following is a list of documentation that will be included in your short sale package.

  1. The Hardship Letter
  2. Listing Agreement
  3. Letter of Authorization
  4. Financial Statement
  5. Recent Bank Statements
  6. Recent Paycheck Stubs
  7. Fully Executed Purchase Contract
  8. Buyer’s Pre-Approval Letter
  9. Estimated HUD-1 Settlement Statement
  10. Comparative Market Analysis
  11. Additional Documents for Government Insured Loans (if required)
  12. Information Sheet
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About Toni Hedstrom

I am one half of Hedstrom & Stamm Home Solutions, a dynamic real estate team with emphasis on home marketing utilizing our exclusive Home Ready Program.