Sample Short Sale Hardship Letter for Charlotte Home Sellers
What qualifies as a hardship when doing a Charlotte short sale?
Family illness or injury- Job relocation
- Job loss
- Significant income reduction
- Divorce or dissolution of domestic partners
- Death of a spouse
- Business failure
- Adjustment in mortgage payment
- Unforeseen increase in living expenses
- Too much debt
- Inability to rent investment property
- Military service
Below is a sample hardship letter. The best letter is hand-written and no more than one page in length.
Date
To Whom it May Concern:
This letter is a request for your cooperation in a short sale of our/my home located at __(full address including city, state & zip) .
Sample text regarding reason for request:
“My husband has been laid off from his job because of a work injury. He worked at _________for ___ years. On (date) he sustained a severe injury to his _____ and has not been able to work since that accident. His monthly disability check of $ , which is less than half of his former amount of pay.
I am employed by ___________, making $ per month. With a monthly income of $ , we do not make enough to cover our current living expenses, including our mortgage. We have had to move in with our parents and leave our home vacant as we cannot afford to pay our utilities or the maintenance on the home. At the recommendation of our attorney and real estate agent, we have continued to pay our monthly HOA dues and they are current at this time.
We have engaged a real estate agent who has found a buyer for our home with an Offer to Purchase of $__________(which is the current market value). The Offer is not enough to pay off our current mortgage on the property.
Attached is my written authorization for you to speak directly with my attorney, (name) , of the law firm ___________ , regarding this matter.”
Enclosed is our Financial Statement for your consideration.
Thank you so much for your consideration and your prompt attention to this matter.
Regards,