What basics do you need for a short sale?

Here are the items you will need to begin the short sale

• Listing agreement (subject to lender approval of a short sale) all commissions and closing cost will be paid out of proceeds by bank. I will provide the listing paper work.
  

• 2-6 months bank statements (copy)
  

• Last month pay stubs (copy)
  

• Last 2  years taxes filed (copy) must be signed.
  

• Authorization letter
  

• BPO (Broker Price opinion) authorization letter. This allows the lender to establish current market value
  

• Itemized monthly bills
  

• Mortgage statements for property
  

Note: Some lenders, banks, institutions and municipalities require additional items.  These are just the basics.