What documents do I need to retrieve for my bank and short sale negotiator?

To prepare for a short sale, or if you are already in the process of listing your home for short sale, there are multiple docments that you will need to compile and give to your attorney, for delivery to your short sale lender. If you are married, and purchased the property during your marriage, both spouses should provide these documents.* (exceptions exist-call me to find out!)

1. IRS Form 4506-T
2. Financial Statement (Fannie Mae Form 710)
3. 2 most recent months bank statements - all pages
4. 3 most recent pay stubs
5. 2 most recent years tax returns & Form W2's
6. A signed letter describing your financial hardship
7. If self-employed, a current (to-date) and prior year profit & loss statement
8. Business bank statements, all pages
9. 2 most recent years of business tax returns

Your realtor must also provide multiple documents. Please refer your realtor to our office so that we can explore options to make your short sale go smoothly and efficiently!