Short Sale Hardship ?

Hello friends,

I wanted to jot this blog down since it is fresh on my mind. I have been a Realtor® for the last five years working full time, and I've meet home owners who are in a distressed situation/hardship and they are not sure if their situation qualifies or would be considered a hardship with their lender.

So here goes the jot down for this blog, what is considered a" hardship" with lenders, and of course each person has their own hardship, and the list below will touch on what most lenders will consider a hardship

Next if you are in this situation or may know of person who  may be in a hardship and need to  do a short sale,  call me or visit my website at www.keystomyplace.com 713-269-9235

Here is an example list of hardships that lenders consider during the Short Sale process:

• Adjustable Rate Mortgage Reset- Payment Scock 
• Illness
• Loss of Job
• Reduced Income
• Failed Business
• Job Relocation
• Death of Spouse or C0-Borrower
• Death
• Incarceration
• Divorce
• Marital Separation
• Military Duty
• Reduced Income
• Medical Bills
• Damage to Property (natural disaster or unnatural)
• Other (Please Specify)
  
  Hope this blog post was helpful.
  Christina, SFR,ABR,HRC