答：
 
The common short sales lender requirements is:
 
1.  Hardship letter. 
2.  Financial Worksheet 
3.  Purchase agreement.  
4.  Buyer’s pre-approval letter. 
5.  Information on underlying liens. 
6.  Estimated closing statement. 
7.  Seller’s signed IRS form 4506 T-EZ Personal financial worksheet. 
8.  Previous 2 years’ tax returns. 
9.  Employment paycheck stubs 2 months.(If self-employed.)  
10. Profit & Lost statement. 
11.  Bank statement 3 months. 
12.  Other paperwork – possible BPO.

If lender gives borrower a short sale agreement, borrower has 120 days to sell their home, during this 120days, lender cannot foreclose this property.