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