Title: Harris Texas Sample Letter for Short Sale Request to Lender Introduction: A short sale is a beneficial option for homeowners in financial distress who owe more on their mortgage than the current market value of their property. This article provides a detailed description of a sample letter that homeowners in Harris, Texas, can use to request a short sale from their lender. Below, we present an outline of the main sections and highlight different types of Harris Texas sample letters for short sale requests to lenders. 1. Salutation and Introduction: — Address the letter to the lender's loss mitigation department. — Provide the necessary contact information, including full name, property address, loan number, and any other relevant details. — Briefly explain the reason for writing the letter, such as financial hardship due to job loss, medical expenses, divorce, or any other valid justification for a short sale. 2. Overview of the Property and Loan Details: — Describe the property, including its location, type, and condition. — Mention the current market value, along with supporting evidence like recent appraisals or comparative market analyses. — Include the outstanding loan amount, the value of any liens or secondary mortgages, and the delinquency status, if applicable. 3. Explanation of Financial Hardship: — Provide a detailed explanation of the circumstances leading to financial hardship but remain concise and focused. — Clearly outline the reasons for being unable to meet the mortgage obligations. — Attach relevant documents, such as medical bills, termination letters, or divorce decrees, to further substantiate the hardship. 4. Market Analysis and Comparative Sales: — Conduct a thorough analysis of the local housing market to demonstrate the property's current value. — Include recent sales data of comparable properties in the same neighborhood or area. — Provide realistic market projections to emphasize the potential loss to the lender without a short sale. 5. Request for Short Sale Consideration: — Clearly state the intention to pursue a short sale option. — Express the willingness to work collaboratively with the lender throughout the process. — Request the lender's specific requirements and guidelines for initiating the short sale procedure. 6. Supporting Documentation: — Enclose all relevant documents required by the lender, such as financial statements, tax returns, bank statements, and pay stubs. — Include an authorization letter allowing the lender to discuss the account with your real estate agent or attorney. — Add any additional supporting documents that could strengthen your case, such as relocation job offers or any pending foreclosure notices. Conclusion: Wrap up the letter by expressing gratitude for the lender's consideration and willingness to explore the short sale option. Provide your contact information for further communication and ensure all attachments are clearly labeled. Remember to proofread before sending the letter to ensure clarity and professionalism. Types of Harris Texas Sample Letter for Short Sale Request to Lender: 1. Harris Texas Sample Letter for Short Sale Request due to Job Loss. 2. Harris Texas Sample Letter for Short Sale Request due to Medical Expenses. 3. Harris Texas Sample Letter for Short Sale Request due to Divorce. 4. Harris Texas Sample Letter for Short Sale Request due to Relocation. 5. Harris Texas Sample Letter for Short Sale Request due to Financial Hardship (General).
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.Harris Texas Ejemplo de carta de solicitud de venta corta al prestamista - Sample Letter for Short Sale Request to Lender
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How to fill out Harris Texas Ejemplo De Carta De Solicitud De Venta Corta Al Prestamista?
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Los requisitos para un prestamo Identificacion oficial. Comprobante de domicilio. Comprobante de ingresos. Historial crediticio. Referencias crediticias. Referencias personales. Cuenta Bancaria. Toma nota.
Una venta en corto, que es un tipo de mitigacion de perdidas, es la venta de su vivienda por menos de lo que debe en su hipoteca. Una venta en corto es una alternativa a la ejecucion hipotecaria (foreclosure), pero al ser una venta, usted tendria que salir de su vivienda.
Conceptos basicos del Pre-Foreclosure Una propiedad en Pre-Foreclosure o antes de la ejecucion hipotecaria es una propiedad en dificultades que el prestamista aun no ha recuperado y vendido en una subasta.
Un credito pre aprobado es un credito de consumo, al cual es posible acceder segun lo que quieras comprar, ya que el monto que vas a pedir tiene que estar dentro de los limites establecidos.
Las cartas de calificacion previa y de aprobacion previa ambas se refieren a una carta por parte de un prestamista que indica cuanto dicho prestamista esta dispuesto a prestarle, hasta una cierta cantidad y en base a ciertas suposiciones.
La carta de liberacion de hipoteca es un documento necesario para el tramite de la cancelacion de hipoteca, este tramite se debe realizar via notario publico o directamente en el Registro Publico de la Propiedad. Esto depende del marco juridico de cada entidad federativa.
Las cartas de calificacion previa y de aprobacion previa ambas se refieren a una carta por parte de un prestamista que indica cuanto dicho prestamista esta dispuesto a prestarle, hasta una cierta cantidad y en base a ciertas suposiciones.
La venta en corto de acciones consiste basicamente en hacer una negociacion negativa en un activo. Es decir, vender caro y comprar barato para sacar beneficio con el cambio de precio del activo. El trader preve una bajada en el mercado y empieza a realizar operaciones en corto para beneficiarse de esta caida.
Ademas, la pre-aprobacion tendra una vigencia de 30, 60 o 90 dias dependiendo del banco.