Dear [Lender's Name], I am writing to formally request a short sale of my property located in Oakland, Michigan. Due to unforeseen financial circumstances, I am unable to continue making mortgage payments and believe that a short sale is the best solution for both parties involved. Oakland, Michigan is a vibrant suburban city located in Oakland County, known for its rich history, diverse community, and excellent schools. Home to many parks, nature reserves, and recreational facilities, Oakland offers a high quality of life for its residents. However, the recent downturn in the real estate market has unfortunately affected many homeowners, including myself. I purchased my property in Oakland with the intention of creating a stable and long-term home. However, a series of unfortunate events, including job loss and extended illness, have significantly impacted my ability to meet my financial obligations. Despite my best efforts to regain stability, it has become evident that selling the property through a short sale is the most viable option. A short sale is a mutually beneficial solution for both the borrower and the lender. By allowing for the sale of the property at its current market value, lenders can mitigate their losses and avoid costly foreclosure proceedings. Additionally, short sales typically result in a quicker resolution compared to foreclosure, benefiting both parties. I have diligently explored all other alternatives to resolve my financial difficulties but have concluded that a short sale is the best course of action. Selling the property through a short sale will provide me with the opportunity to settle my debt and begin rebuilding my financial stability, while also minimizing the impact on the lender. I understand that the process of arranging a short sale can be complex and time-consuming. Therefore, I have taken the necessary steps to assemble a comprehensive short sale package that includes all the required documentation. Enclosed you will find a completed financial statement, hardship letter, supporting financial documents, and a market analysis substantiating the property's current market value. I kindly request your prompt attention to my short sale request and would appreciate your guidance throughout the process. I believe that a mutually beneficial resolution can be reached with your cooperation and support. Please provide me with the necessary steps and requirements to move forward with the short sale process. Thank you for your understanding and consideration. I look forward to working with you to achieve a successful resolution. Should you require any further information or have any questions, please do not hesitate to contact me at [phone number] or [email address]. Sincerely, [Your Name] [Property Address] [City, State, Zip Code]
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.