How Important is the Hardship Letter? The Short Sale Hardhip Letter Sets The Stage
[caption id="attachment_5047" align="aligncenter" width="400" caption="Short, Sweet And To The Point- The Hardship Letter Summarizes and Explains The Sellers Situation"][/caption] As a Short Sale Agent in the Sacramento Area; I get this question all the time:The Hardship Letter- How important is it? Sacramento Certified Short Sale Specialist Forth Hoyt answers questions about short sale hardship letters and provides Example Hardship Letters. Some of the most frequently asked questions I get have to do with the Short sale Hardship Letter: "How do I write the best hardship letter?", " How much detail should I put in the hardship letter"? or "What is a Hardship Letter?" The simplest and quickest answer is that the hardship letter explains what caused the financial hardship and is like a...
Sacramento Short Sale Process To Improve With New Government Short Sale Process
Another Sacramento Area Short Sale Expert Report When will it really start to help Sacramento area Short Sale Sellers? [caption id="attachment_1369" align="aligncenter" width="300" caption="New Government Short Sale Process will help stop more Sacramento area foreclosures"][/caption] I've been so excited about the new Government Short sale program. But the improvements have been so slow- April 10th is when I understand the servicers will have to comply, so they only have a couple months left to get their act together! Fourteen servicers, including the five largest, signed contracts and began modifications and refinancings under MHA. Between loans covered by these servicers and loans owned or securitized by Fannie Mae or Freddie Mac, more than 75 percent of all loans in the country are now covered by the Making Home...
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