The Short Sale Hardship Letter
In the communication with the lender when trying to facilitate a Short Sale, the Hardship Letter has to be very effective to gain sympathy and assistance from the lender with the short sale. The sadder you make it and the more proof you can provide regarding the financial situation the better. Describe how the financial situation came about and make a plea to the lender to work with you on the payments. Lenders know there are extenuating circumstances and will accept the fact that a job was lost, medical bills are overwhelming or some other serious problem has affected your financial situation. Be honest with them and share as much of your present situation as you can with them. Think of the lender as your friend and they will respond in the same manner.
Tags: Add new tag, financial aid, Reality
