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Short Sale Hardship Examples
Samples of Short Sale Hardships:
Often times I get asked by a seller who is considering a short sale if they have a "good reason" or a hardship that their lender may accept. There are many considerations that your lender will take into account when they are reviewing your request for a short sale. Usually a "just because" reason won't cut it but below are some reasons that may elude to a situation where you should consider a short sale.
- Loss of job
- Reduction in income
- Death of a family member
- Extensive medical bills
- Job transfer
- Illness or injury
- Adjustment of your mortgage interest rate
- Reduction in the number of hours worked
- Divorce or separation
- Marriage or family additions
- Call of duty in the Military
If you have any of these hardships or would like to discuss your current situation, please contact us at the Twin Cities Short Sale Realtor.
