Realtor®  

Equal Housing Opportunity

 

 

SHORT SALE/FORECLOSURE

 

 

Homeowner Preliminary Checklist for Short Sale Foreclosure

1. Cover letter on Law Office letterhead

2. Copy of summons and complaint

3. Copy of default letter with arrears and legal fees

4. Two most recent pay stubs

5. Hardship letter (handwritten)

6. Two recent bank statements

7. Most recent tax return

8. Worksheet with gross monthly expenses

9. Listing agreement

10. Contract of sale

11. Copy of proposed settlement statement/closing statement (HUD-1)

12. Appraisal of property

13. Signed retainer agreement

14. Signed authorization

15. Repair estimates with photos

16. Comparables

17. Proof of funds/pre-qualification letter
 

 


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