Hardship Letter Template - Short Sale (Page 2 of 3) in pdf

Hardship Letter Template - Short Sale Page 2

Agents/ Brokers

Do not send in a hardship Letter to a Lender before reviewing it. Look it

over and suggest changes if necessary, so the letter brings the hardship alive.

You get one chance to submit a strong Hardship Letter, take full advantage

of it.

Keep in mind that of your Seller sends the Hardship Letter directly to the

Lender you are not going to have the opportunity to review it. Always send

the Hardship Letter to the Lender as part of your Short Sale package.

BORROWER HARDSHIP LETTER EXAMPLE #1

I am unable to keep current with my mortgage due to divorce. I am receiving no

financial support from my husband and I have been a homemaker for the past 12

years. I am employed, but because of my lack of skills, I am unable to earn much

more than minimum wage.

I have two children at home ages 7 and 9. With the cost of daycare and my other

obligations there is just no way to make the mortgage payment. I have used up

any available credit just to keep food on the table.

I cannot keep up my home and must sell it. The real estate market is such that I

owe more than my home is worth. My only other option would be to file

bankruptcy.

I am an honest, hardworking person and it is devastating for me to find myself in

this awful position.

I would deeply appreciate any help you can offer.

Sincerely,

Hardship Letter Template - Short Sale Page 2