short sale hardship: What is a Hardship in a Mountain View Short Sale? - 10/02/11 05:24 PM
It is estimated that about 25% of home in the US are underwater, that is the owner owes more on the mortgage than the home is worth. So if the owner has to sell, they would have to either make up the difference or do a short sale.
However, just being underwater is not enough reason for most banks to do a short sale. They want to know you have a hardship. what is a hardship?
there are a number of reasons that banks will accept as a hardship. they basically want to know what has changed since you purchased the … (4 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales) Rainmaker large

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

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eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

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Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area. Contact Me Interested in selling your home? Contact me to get a professional estimate. Marcy Moyer Call: (650) 619-9285 My Palo Alto real estate listings Visit Short Sale Superstars


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