In the hardship letter, an explanation of how the hardship came about and all steps that may have
been taken before you went to the lender about a short sale should be included. The key is to
thoroughly explain what exactly about your financial situation has changed since you purchased the
property or last refinanced it. It might become easy to let yourself go on and on about your hardship
within the letter, but do keep in mind that the processor who is reviewing your file is probably
dealing with dozens of other short sales. That being said, it is important to be sure to keep your
letter appealing to the eye, brief and well organized.
What are typically accepted financial hardships?
● Loss of income, reduction in pay, or loss of employment
● Relocation or job transfer
● Increased bills or expenses
● Death of a family member
● Divorce or separation
● Major repairs needed on the property without the resources to pay for them
http://www.GAHomesTEAM.com Roland Lorans 770-866-2561 a Dacula Buford GA Real Estate agent who is knowledgeable in Buford Dacula GA real estate, offers you advice as a Short Sale Seller in what it takes to do a Short Sale and avoid foreclosure in Georgia. . Roland is a Short Sale Expert with many transactions closed and many sellers very happy with the result of being released from debt by their lender. He has a team dedicated to the short sale process. Many sellers wonder How To Do A Short Sale and Roland and His TEAM which includes a Lawyer and Para-Legals has all of the answers.Distributed by OneLoad.com
