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A short sale hardship letter is critical to your client’s short sale process. Essentially, they write a letter to the lender outlining why they can’t keep up with their mortgage payments. As a real estate agent, you already know how vital this step is to approve a short sale.
Sample Short Sale Hardship Letters. purchased my home at _____________ in ___________. At that time I was employed _______and business was very good. My salary and the possibility of a promotion and raise made me sure that I could easily support my mortgage.
27 Οκτ 2022 · Short Sale Hardship Letter – Sample. Updated July 19, 2023. A short sale hardship letter is used by a homeowner to request the lender’s permission to sell the home for less than the outstanding balance on the mortgage.
7 Απρ 2023 · When applying for a short sale (or another loss mitigation option, like a loan modification), your lender might ask you to write a hardship letter or fill out a hardship affidavit. While this article specifically addresses short sales, the process of creating a hardship letter is the same, no matter what form of loss mitigation you're pursuing.
Easily create a hardship letter for short sale with our free online template. Fill and download the document as a PDF or Word file. Save time and effort with Templateroller.
6 Οκτ 2021 · If you choose to write a hardship letter for a short sale, you’ll want to make yours stand out to lenders so that you have a better chance of avoiding foreclosure. This article discusses what to include—and what not to include—in a hardship letter requesting approval for a short sale.
23 Απρ 2024 · A hardship letter for a short sale is a personal plea to your mortgage lender, explaining why you are unable to continue making payments on your home and why a short sale would be a better solution than foreclosure.