Hardship Letter For a Short Sale - Proven Tips For Success - I’ve Talked About These For Months

When trying to prevent foreclosure and get your lender to agree to a short sale a hardship letter for a short sale may be the single most important document you have to submit. Essentially, it’s a letter written to your lender describing in detail the reason you can no longer afford to make your mortgage payments. Because of it’s significance a hardship letter for a short sale should not be written without at least getting some helpful tips. A few proven tips can be found below.

1. Keep your hardship letter short. That’s right, short and to the point. You don’t want it to seem too long winded. You’ll lose the reader if it’s too long.

2. Make your hardship letter seem very personal. You want to humanize yourself. Remember, your short sale hardship letter will be read by your lender’s loss mitigator (a real life human). Get him or her to sympathize with you.

3. Early in the hardship letter you’ll want to summarize the situation that prompted you to write the letter. Do this in the first paragraph. You will provide more details in the later paragraphs.

4. Also in the first paragraph you’ll want to state exactly what you are requesting. Since you’re writing a hardship letter for a short sale you are, of course, going to request a short sale.

5. BE RESPECTFUL. The situation you’re in is extremely stressful and it’s tempting to place at least some of the blame on your lender. Please resist this temptation. Remember, you are basically asking them to do you a favor.

Be humble and respectful. Thank the lender in advance for considering your situation.

This is just the tip of the iceberg. For more in depth help please visit this excellent hardship letter for a short sale help page. While this information is free you may want even more help. Remember, you only get one shot at this. For a proven, professionally written guide please visit ShortSaleHardship.com. It’s a small price to pay for peace of mind.