Qualifieing for a Real Estate Short Sale isn't difficult. If your home is worth less than you owe, you have a financial hardship that has affected your ability to pay for your mortgage you most likely qualify for a short sale.
Now...it is important to understand what qualifies for a financial hardship. A harship is created when circumstances over which a borrower has no control have occurred. Either their income has decreased or their expenses have increased, marital separation or divorce, job loss, medical bills, military service, or death of a spouse or co-payer of the mortgage has happened, the mortgage must either already be in arrears and in danger of foreclosure, or the difficulty of meeting the monthly payment makes it a probable event in the immediate future...etc. All Facts and figures must be fully documented with the appropriate paperwork. One cannot just say they are having a hardship...it must be proven.
But every situation is different. To get a better idea if you qualify, get a Free copy of the book "Home Owner's Guide to Real Estate Short Sales" by visiting www.ShortSaleAuthority.net.
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