In
order to be eligible for a short sale
and have us represent you, we must be able to prove to the lender
that you are
a victim of a “hardship” and therefore
unable to continue making payments on your mortgage. A hardship
situation is one that is the result of some extenuating circumstance
that forces borrowers into a position where they can no longer
afford their mortgage payments. While every situation is different,
some frequent examples of hardship include:
Decrease in the value of the home
Unemployment or loss of primary income source
Inability to work due to health crisis
Mounting medical expenses
Employment relocation
Failure of business
Bankruptcy
Death of spouse or significant other
Divorce or separation