Can you get a short sale approved if the seller is not behind in their mortgage?
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
One of the most common questions i have been receiving lately is about short sales. " Can i get a short sale approved if i am not behind in their mortgage?I can tell you that i have had short sales approved where the seller was not behind, the seller will need to show a hardship such as illness, death in the family, divorce or a job transfer/relocation. The key is that your hardship letter needs to be very specific and include evidence of your hardship. You can not say to want a short sale because you owe more than your house is worth. You need to show that if they do not approve your short sale you would be foreced to abandon the house or wiill not be abble to continue to maiking payments. you need to also include proof of what your house is worth in teh form of an appraisal or bpo sho...
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