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Qualifying for a Short Sale?

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Icon Mini Profile williamsmth22





Joined: 19 Nov 2009

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Post Posted: Thu Nov 19, 2009 11:48 pm    Post subject: Qualifying for a Short Sale?
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How do we know that we Qualify for a Short Sale.
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Fri Nov 20, 2009 1:18 am    Post subject:
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Hi williamsmth,

You'll have to write a hardship letter to the lender informing him about your present financial situation and the reason for which you want to short sale the property. The lender will judge your situation and decide whether or not he would approve your request. It is the lender's discretion to approve or not to approve your request.

Take care.
Icon Mini Profile donaldfred04





Joined: 14 Nov 2009

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Post Posted: Fri Nov 20, 2009 1:53 am    Post subject: Qualify for short sale
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Icon Mini Profile snvservices





Joined: 20 Nov 2009

Posts: 17

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Post Posted: Fri Nov 20, 2009 4:20 am    Post subject:
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Hi,

These all questions are really very appreciating as, for short sales there can be problem of foreclosure as negotiating a short sale with a lender can be complicated but it is easy to earn big profits with the short sales.

Thanks!

_________________
home buyers Connecticut
ilona

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Post Posted: Sat Nov 21, 2009 3:39 pm    Post subject: Qualifying for a Short Sale
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There are specific questions that must be answered in order to qualify for a Short Sale. I am a Certified Distressed Property Expert and represent seller in short sales in Hawaii. You can get a free report, and I will be happy to refer you to a CDPE agent in your area.
I hope that helps,

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