Short sale properties are eligible for the program. When you are ready to move forward in the LIFT process, you must upload the purchase agreement for the short sale property, which must be signed by the buyer and the seller. The lender (lien holder of short sale property) must ratify the agreement prior to closing. NeighborhoodLIFT funds can be used in connection with the financing of a Wells Fargo short sale, but only if Wells Fargo is not the new first mortgage lender on the short sale purchase. Another lender must originate the new first mortgage loan.