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Q: I am trying to complete a short sale. My lender requested a hardship letter, but I don’t know what to include in it. Can you help? – Anonymous A: Whether you are trying to complete a short ...
A hardship letter can help you qualify for loan reinstatement, forbearance, repayment plan, modification, a short sale, or a ...
Once you receive and accept an offer from a qualified homebuyer, you’ll submit the offer to the lender for approval, along with a short sale package that includes a hardship letter.
Many buyers tend to be interested in short ... short sale is necessary. This can include: copies of your most recent pay stubs, tax returns, W-2’s, and bank statements, as well as a hardship ...
Investopedia / NoNo Flores A short sale in real estate is an offer ... your proposal should include a hardship letter explaining the circumstances preventing you from making your mortgage payments.
The quick fix is to get the short sale lender to provide a letter at closing to the underwater homeowner that simply states “this mortgage closed as a short sale, not as a foreclosure. Any credit ...