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Tuesday, February 26, 2013

West Sacramento Short Sale Information – What Should Go In to Your West Sacramento Hardship Letter

Looking for West Sacramento short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us. Today let’s talk about your West Sacramento Short Sale Hardship Letter




For some this is easier than for others but in either case the letter should be factual, accurate and compelling and is not as easy as it would seem. For many, writing the West Sacramento Short Sale Hardship letter is a very emotional event. It involves admitting on paper that your plan did not go exactly as hoped. It can also be an invigorating event. For some writing the West Sacramento Short Sale Hardship letter means accepting the situation as it really is not how we had hoped it had been. It can signify the beginning of a fresh start emotionally and financially.

So what goes into the West Sacramento Short Sale Hardship letter? I refer to it as the Joe Friday (of Dragnet fame) letter – Just the facts mam. Really the banks don’t care about declining home values. What they want to see in your West Sacramento Short Sale hardship letter are the Five W’s –What is the hardship? What caused it? What is the length of time the hardship will last (long term or short term) What did you try to do to remedy the situation and What are you intentions.

Clearly state what the hardship is be it unemployment, divorce, under employment, increased expenses etc. State what caused it such as state furlough days, cut backs, eminent termination. What is the length of time? Is it a short term hardship or long term and lastly what did you try to do to remedy the situation (loan mod etc.) and what are your intentions? Usually it is to sell the property in a West Sacramento Short Sale to avoid foreclosure. Make the West Sacramento Short Sale Hardship letter one page or less and make sure you sign and date it.


To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did

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