February 12, 2019
- in Short Sales by Minna Reid
Will you qualify for a short sale?
A financial hardship will be required to get your Jacksonville short sale approved.
The most common hardships that are easily approved and widely accepted by lenders:
- Unemployment
- Employment or military relocation
- Divorce
- Death of a co-borrower/household wage earner
- Facing foreclosure
- Increase in expenses
- Decrease in income
- Natural disaster impacting property or employment
- Medical issues
However there are many other reasons to short sell that do translate in to qualifying financial hardships if presented in the right fashion.
There is a lot of misinformation out there on the web regarding what is and is not an acceptable hardship. Before assuming your “hardship” doesn’t qualify, talk to me!
