BEGIN THE SHORT SALE PROCESS
Have you experienced any of the following?
-
Reduction of income
(pay cut, furlough, layoff, unemployment, inability to find employment)
-
Adjustable mortgage
(mortgage payments are not fixed and could increase)
-
Illness, heath problems, medical expenses
-
Separation, divorce, or marital difficulties
-
Decreased property value
(property is worth less than the amount owed to lender)
-
Loss of savings
(Use of personal savings toward mortgage debts, household expenses)
-
Increased personal debt
(use of credit cards, personal loans to pay household expenses)
-
Death in family
-
Property problems
(roof leaks, plumbing, HVAC, electrical etc.)
-
Other Hardships making mortgage payments difficult to maintain