What Should I Say In My Short Sale Hardship Letter?
As a Cape Coral, Fort Myers, Florida and all of Lee County, experienced short sale, real estate agent, this is probably the most common question I'm asked by potential short sale sellers. It can become a novel if you are not careful. The short sale hardship letter's purpose is to tell your lender that you can't afford your house and you need to sell it. My advise is to not make the short sale hardship letter any more difficult than it needs to be.
First write about when you purchaed the home and your financial situation at the time. Next, write about the trigger or events that occured after the purchase that led up to your financial difficulty. Those events could include, loss of income, unemployment, reduction in hours, increase in expenses, divorce, illness, etc. Be specific and to the point, if possible attach supporting documentation to your short sale hardship letter. Your short sale hardship letter should include your name, address, loan number, be signed & dated and be no more than 1 page in length.
Before deciding whether to short sale your Florida home, it is essential that you obtain legal and tax advice and consult with an experienced short sale real estate agent.
If you are considering a short sale of your Cape Coral, Fort Myers, Lehigh Acres, Bonita, Estero, Fort Myers Beach, North Fort Myers, St James City, Bokeelia, Florida home or property and would like a FREE short sale consultation, please call me to schedule a confidential meeting. Mary 239-243-5989 The Mary Neilson Team.