Short sale documents required by lender

If you are selling your home subjesct to short sale approval, your lender will ask you to provide specific documents when processing your request for a short sale. Having the short sale documents ready before hand will help to reduce the amount of time the lender takes in negotiation.

These short sale documents include:

• Mortgage statements. You should plan on having 2 months of all your most recent mortgage statements
• Checking and savings account statements. You will be require to provide a minimum of 2 months checking and saving account statements.
• How much you are paid. You will need to provide your last 2 paycheck stubs.
• Tax returns. You will be required to provide the past 2 year tax returns.
• Hardship letter. Your lender will want you to explain in your own words what has happened that now prevents you from meeting your obligations.
• Financial worksheet.

There may be additional documentation required depending on your lender and your specific situation. If you need to short sell your Florida home you should use the services of a professional short sale real estate agent. Give me a call at 407-304-0255 to discuss your situation.