loan modification: How to Write a Hardship Letter the Right Way
- 10/27/08 07:31 AM
I've worked with numerous homeowners that faced foreclosure. Many wanted my help in negotiating repayment plans with their lenders and others wanted my help with representing them in short sales. For those of you who are currently mulling over which route is best to solve your mortgage problems, let me tell you now that regardless of which route you choose --- both will require a hardship letter. WHAT IS A HARDSHIP LETTER? It's a letter that describes your personal challenges, usually finacial challenges caused by the loss of a job, a recent divorce, illness or death in the family. The letter describes any … (27 comments)
I've worked with numerous homeowners that faced foreclosure. Many wanted my help in negotiating repayment plans with their lenders and others wanted my help with representing them in short sales. For those of you who are currently mulling over which route is best to solve your mortgage problems, let me tell you now that regardless of which route you choose --- both will require a hardship letter.;)
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