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What Is A Short Sale Package?

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Real Estate Agent with Real Estate TeamMates License 3199996

A SHORT SALE Package Consists Of The Following...


A. DOCUMENTATION NEEDED
1. Addendum to Listing Agreement
2. Authorization to Release Information/Negotiate Short Sales
3. Authorization to Conduct Appraisal
4. Waiver of Liability/Hold Harmless Agreement
5. Seller’s Financial Statement
6. Seller’s Questionnaire
7. Seller’s Hardship Letter explaining reasons for delinquency
8. Addendum to Contract for Sale and Purchase
9. As-Is Disclosure
10. Realtor Questionnaire

B. DOCUMENTATION FROM SELLER:
11. Copy of all mortgage information relating to the property
12. Copy of seller’s drivers license
13. Copy of seller’s social security card
14. Copy of seller’s last two-month's pay stubs
15. Copy of seller’s last two months bank statements covering all accounts
16. Copy of seller’s last two year’s tax returns with schedules and W2 forms
17. Proof of seller’s hardship (divorce decree, layoff letter, unemployment request, medical bills, etc.).

C. DOCUMENTATION FROM REALTOR:
18. Copy of contract to purchase
19. Preapproval letter for buyer
20. Escrow letter (if any)
21. Copy of listing agreement
22. Listing History of Property
23. Comparative Market Analysis of the property area

Sergio Rebollo Jr.
Short Sale Specialist
Exit Prime Realty
www.SergioRebollo.com

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