Uploaded by MrStopforeclosure on Oct 15, 2009
http://www.stopforeclosurebellingham.com gives you alternatives to bankruptcy and stopping home foreclosure in Whatcom County, such option is known as "Short Sale". One key element involved in the short sale process is the hardship letter.
In the hardship letter, http://www.StopForeclosureBellingham.com suggests that just present the facts clearly and above all else be honest. The hardship letter must be able to prove the situation that caused you to fall behind was temporary and you are now in a position to make your payments on time. The excuse for falling behind must be legitimate and provable. Situations such as job loss, prolonged personal illness, or a death in the family are all acceptable reasons to fall behind on your mortgage payments.
The real estate investor can offer valuable experience and samples of hardship letters for the homeowner to create their letter. Ultimately http://www.StopForeclosureBellingham.com believes that it is the homeowner who is responsible for the letter, its content and accuracy of information. The more time, and the better the hardship letter is composed, the easier the short sale is going to be. The best hardship letter will convince the creditors that the Whatcom County homeowner's situation is genuinely distressing and the lender would be better off accepting the lesser amount than pursuing a foreclosure.
If you are serious about stopping foreclosure, and putting this housing nightmare behind you, please fill out the form on http://www.StopForeclosureBellingham.com and one of our representatives will contact you shortly. As a special bonus today, youll receive a copy of our FREE REPORT, titled How To Avoid Foreclosure: What Most People Wont Tell You after you complete the form.
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