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Short Sale 10 Requirements

I spoke with the most helpful Liquidation Department officer yesterday and she gave very simply the 10 requirements to applying for a short sale, they are:

The first 4 are from the Owner and the next 6 are from the Broker.

  1. Current W-2 or 1040 return
  2. Financial Worksheet
  3. Hardship Letter
  4. Proof of Income - Check stubs or bank statement for the latest ONE month
  5. Listing Agreement
  6. Purchase Agreement
  7. Net Sheet or HUD1 Sheet
  8. Pre-Qualification Sheet from buyer
  9. MLS listing sheet
  10. CMA sheet

Questions? Give me a shout at charles@cwbinvest.com.

The ephemeral Short Sale
The ephemerally defined Short Sale
Posted Friday Mar 27