Document Library
Short Sale Document Library
Download the forms, checklists, and document instructions agents need to move short sale files toward lender-ready status.
Borrower & Seller Forms
Borrower / Seller Forms
The core authorization and hardship forms that open a short sale review with the lender.
4506-C / 4506-T
IRS form authorizing the lender to pull the seller's tax transcripts. Confirm the current version your lender accepts.
Third-Party Authorization
Lets the lender and servicer speak with our desk and the listing agent on the seller's behalf.
Hardship Letter Template
The seller's written explanation of the financial hardship behind the short sale request.
Financial Worksheet
Monthly income, expenses, assets, and liabilities used to document and support the hardship.
Request for Mortgage Assistance / RMA
Standard borrower assistance application many servicers require to begin a short sale evaluation.
Income Documentation
Income Documentation
Proof-of-income items and instruction sheets for every seller income situation.
Last 2 Years Signed Federal Tax Returns
Complete, signed returns for the two most recent filing years, including all schedules.
Last 2 Months Bank Statements
All pages of the two most recent statements for every account the seller holds.
Last 2 Months Pay Stubs
The two most recent stubs for each employed borrower on the loan.
Profit & Loss Template
Year-to-date P&L for sellers who are self-employed or report 1099 income.
Disability Award Letter Instructions
How to document disability income with the current award or benefit letter.
Social Security Award Letter Instructions
How to document Social Security income with the current award letter.
Unemployment Award Letter Instructions
How to document unemployment benefits with the current determination letter.
No-Income Letter
Signed statement for sellers who have no current income to report.
No-Bank-Account Letter
Signed statement for sellers who do not currently hold a bank account.
Property & Offer Documents
Property / Offer Documents
Listing, offer, and property-condition documents the lender needs to value and approve the file.
MLS Sheet
Current MLS listing detail for the subject property.
Listing Agreement
The signed listing agreement between the seller and the agent.
Purchase Contract
The fully executed purchase agreement with all addenda.
Buyer Proof of Funds / Pre-Approval
Buyer's proof of funds for cash offers or lender pre-approval for financed offers.
Repair Bids
Contractor estimates supporting any value or condition adjustments.
Foreclosure Notices
Any notice of default, sale date, or related foreclosure correspondence.
HOA Statement or Payoff
Current HOA balance or payoff statement, if the property is in an association.
- Commonly requested after opening
Preliminary Title Report
Title report showing liens, vesting, and encumbrances on the property.
- Commonly requested after opening
Estimated HUD / Seller Net Sheet
Estimated settlement statement showing projected costs and net proceeds to the lender.
Early Escrow & Post-Intake
Early Escrow / Post-Intake Documents
These documents may not be available at initial intake, but are commonly needed shortly after file opening or once escrow/title is involved. AI Short Sale may request these after initial review depending on lender, offer status, title issues, and file stage.
Preliminary Title Report
Title report showing liens, vesting, and encumbrances. Typically available once escrow/title is opened.
Estimated HUD / Seller Net Sheet
Estimated settlement statement showing projected costs and net proceeds to the lender for review.
Some lender, IRS, authorization, and RMA forms may require wet signatures. Agents should confirm lender-specific requirements before submitting any package.