Below are two sample hardship letters for a short sale. Maybe you ve learned about the short sale process and you ve found it to be fascinating.
Because your lender may need convincing you need to include a hardship letter in your short sale documents.
Hardship letter sample for short sale. Hardship letter short sale for your property address dear mr ms. Short sale hardship letter sample name of borrower address of borrower city state zip code loan number date name of lender address of lender city state zip code re. Short sale sample hardship letter.
Point of contact company address re. I purchased my home at in. To get the step by step blueprint you need to write a hardship letter that gets the results you want please email email protected and we ll reply with the hardship letter.
Sample short sale hardship letters lender name lender address lender s fax number today s date re. In fact even if a foreclosure attorney is representing you you the homeowner are required to present a hardship letter in the loan modification process. This letter is a formal request to short sell my house because of financial hardship.
Date mortgage company attn. Sample hardship letter short sale. The letter should bear the following details.
Short sale sample hardship letter. A short sale allows a homeowner to sell their property at a value less than the total debt remaining on the mortgage. Hardship letter short sale for address loan number.
Assortment of short sale hardship letter template that will completely match your demands. A sample hardship letter template that can be easily modified to your situation in minutes. At that time i was employed by and business was very good.
When writing an official or company letter presentation design and layout is vital to making an excellent initial perception. Hardship letter for short sale. The end result.
Do not copy this letter exactly. A short sale hardship letter will allow the property owner to get authorization from the bank to avoid foreclosure. Why you need to go for the short.
Or financial institutions and submit letters of approval. For people who have agreed then this article is perfect for you. Hardship letters are essential to getting your short sale approved.
To whom it may concern. Strategic short sale default pointers. 10 do nots of hardship letters.
Maybe you are so intrigued that you d like to know the steps on doing a short sale process but have trouble doing so. Please use your own words. While a short sale property may not be the best solution for the homeowner experiencing financial distress it is considered a more favorable option than falling prey to a foreclosure or filing a bankruptcy of some kind.
This letter explains to your lender why you cannot make your mortgage payments are trying to find a buyer for your home and avoid foreclosure. People use hardship letters for many different reasons but the most common reasons to use this type of hardship letter is requesting a short sale or loan modification to avoid foreclosure. Requesting short sale because of financial hardship name of lender.