my first short sale

Are you in a situation where you feel you have to get out of your house and need to short sell it, but are wondering how to create a hardship letter? Are you wondering how to explain to the bank that you can no longer afford your property and are concerned about the red flags that it might signal to them? Group 46:10 has the answers you want.

I am Kevin Kauffman and this is Fred Weaver. We comprise one of the leading short sale groups in the Phoenix area, as well as in the country; throughout the years we have helped hundreds of people avoid foreclosure by short selling their property. We get this question frequently. We talk to homeowners just like you every day about this exact subject, short sale hardship letters and what to include. Some examples of what to include in your hardship letter are things like what the circumstances are that are causing you to want to sell your upside down house. You want to also incorporate other financial circumstances, such as divorce, medical bills or unemployment. We recommend you don’t disclose that you have a 401K or are getting a raise, for example. Concentrate only on the circumstances that are making your times challenging.

If you’re interested in doing a short sale in the state of Arizona or California, we have a document that will give you some guidelines to composing a hardship letter as well as some ideas as to factors for hardship. If you’re facing a situation where you want to short sell your property and need to write a hardship letter, please contact us by phone or via our website. If you fill out the Getting Started form on our website, we’ll contact you as soon as possible. We await talking about your specific situation with you and helping you successfully short sell your property.

For more information on short sales and how to avoid foreclosure, visit the Group 46:10 blog or you can also contact the Group 46:10 team and get started today.

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Filed under: Distressed Properties

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