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1st Foreclosure Prevention Blog


Archive for the ‘Hardship Letter’ Category

November 6th, 2009

Why Use A Real Estate Short Sale To Avoid Foreclosure

A real estate short sale is a type of sale that happens when the owner of the property and the real estate or financial lender like Chase, Bank Of American, Citi Mortgage, etc. agree to sell the property to a third party for less than you owe on your home. A short sale is [...]

posted by admin at 4:16 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Hardship Letter, Saving your home from Foreclosure, Short Sale, foreclosure |  | 

October 27th, 2009

Hardship Letter

When dealing with foreclosure, part of the process of avoiding foreclosure such as when working a loan modification with your lender is the drawing up of a hardship letter. A hardship letter breaks down the reason why your loan has become in a default status, the events that led up to it, and what [...]

posted by forclosure at 6:24 am
No Comments | Categories: Avoid Foreclosure, Dealing with lenders, Hardship Letter, foreclosure, foreclosure mitigation | Tags: , , , , , , ,
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