Top 10 Hardship Situations

Having some sort of hardship is the key to the short sale process. MOST people are a victim of circumstance, but if you were in doubt here’s to the top ten hardships we face every day.

Remember, doing a short sale is fighting back… It’s taking control of your situation and at least managing what is most likely a difficult scenario. Don’t let your home go back to the bank. Do a short sale. You’ll thank us later!

1. Health Issues
2. Rate Increase (ARM loans)
3. Predatory Lending, Borrowing (We have people call with 10% interest rates!)
4. Divorce
5. Overextension (Bought more home than they could afford)
6. job loss
7. two home payments
8. distressed seller (catch all for “other” “stuff” is happening)
9. Declining Market (must sell, but UPSIDE DOWN)
10. Pre-Foreclosure – (behind on payments and now you’ve gotten the notice)

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