What Documents Do You Need For A Short Sale…Checklist
These are documents that a realtor needs in order to start the short sale process. Remember not all homeowners qualify to short sell their home, with these documents a determination can be made as to whether or not you are eligible.
- PROOF OF INCOME(PAYSTUBS,SOCIAL SECURITY AWARD LETTER,PROFIT AND LOSS STATEMENT IF SELF-EMPLOYED)
- MOST RECENT MORTGAGE STATEMENTS BOTH FIRST AND SECOND
- ALL LETTERS RECEIVED FROM LENDER/SERVICER
- 2009 & 2010 TAX RETURNS
- COPY OF UTILITY BILLS
- REAL ESTATE TAX BILLS
- PROOF OF HOMEOWNERS INSURANCE
- TWO MOST RECENT BANK STATEMENTS
- HARDSHIP LETTER
If you have any questions about the short sale process and eligibility send email to: shortsales@ILbankhomes.com