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Maryland Homeowners: Who Qualifies Your Hardship In A Short Sale?

By
Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

short sales help     Hardship

As a Realtor that does almost exclusively Real Estate Short Sales, often times I get ask the same questions.

One of them that comes very often :

"Do I think they have a believable hardship to do a short sale?

My answer has always been the same. . .I don't know, I don't make the decisions if a short sale has a qualified hardship or not. . It is not for me to take on that role. .

All I can do is advice you about the requirements your lender imposes in a short sale and they will make the ultimate decision if you qualify for a short sale or not. . 

 

“You don't have to convince the Realtor if you have a qualified hardship, . . you have to convince the lender"


Exerpt  from my eBook www.AdiosLender.com

It seems that there is a self imposed moral obligation for homeowners with underwater mortgages. . .while banks make their decisions based on sound financial practices having no shame to ask for bail outs while their executives and CEO’s enjoy the perks”

 

More Information About Short Sales:

  • Short Sales in Maryland
    Q & A about Strategic Defaults
    How To Hire a Realtor When You Need a Short Sale


    "The Short Sales Experts"

     

    Fernando Herboso

    Herboso Realty Group
    Broker / Realtor/Consultant

                (240) 898-1848       extension #1 
    www.ReallyNiceHomes.com 
    ASK ME A QUESTION ABOUT Strategic Defaults>>Fernando@ReallyNiceHomes.com

     

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    Clark Cook
    1st Choice Realty of Fayetteville, LLC - Fayetteville, NC
    Marketing Homes For Sale In Fayetteville NC Area

    You make a good point Fernando! As it should be, it's the homeowners argument to make.

    Mar 14, 2011 03:33 PM
    Marcy Moyer
    eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales - Mountain View, CA
    Probate, Trust, and Investment Specialist

    Some lenders seem to be more flexible than others when it comes to hardship.

    Mar 14, 2011 05:06 PM