What information does a bank typically require for a short sale package?

What information does a bank typically require for a short sale package?

  • Last two years tax returns
  • Last two paycheck stubs for each borrower
  • Last two months checking statements
  • Last two months savings statements
  • Profit and loss statement year to date (if self employed)
  • Last two months business account statements (if self-employed)
  • Hardship letter (explaining the reason for the short sale request)
  • Financial statement (lists income and expenses for your household)
  • Signed form 4506 –T (allows short sale lender to pull tax return copies directly from the IRS)

I am a local real estate broker, attorney, Certified Distress Property Expert (CDPE) and Certified HAFA Specialist (CHS) and I specialize in short sales.  Contact me today at (805) 878-9879 for a free short sale consultation, or visit my website www.SantaMariaShortSales.com for short sale basics. 

Tni LeBlanc, Mint Properties
http://MintProperties.net
(805) 878-9879

* Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement – this article does not offer legal and tax advice.

Copyright © Tni LeBlanc 2010 *What information does a bank typically require for a short sale package*

Santa Maria Real Estate Blog

In July 2006, Mint Properties opened an office in the Mission Creek Plaza on Santa Maria Way. Tni’s stated aim is to offer the highest quality representation and professional service to her clients. Independence affords her the ability to avoid a volume driven approach; the result is prompt, reliable, individualized service coupled with straightforward advice. Indeed, she brings the same level of professionalism to real estate as she did to the law.

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#1 Agent in Number of Residential Sales Transactions (2016)
in Santa Maria (per CCRMLS)

$125 Million in Career Sales

REALTOR® of the Year (2014)
(voted by Santa Maria Association of REALTORS®)



Tni LeBlanc, REALTOR®, J.D.
Mint Properties
(805) 878-9879 (mobile/text)
Contact Us Online

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