Mecklenburg North Carolina Sample Letter regarding Stop of Foreclosure Sale

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• County: Mecklenburg
• Control #: US-0784LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Stop of Foreclosure Sale Notice — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to you as the homeowner of [Property Address] in Mecklenburg County, North Carolina. It has come to my attention that a foreclosure sale is scheduled for my property on [Foreclosure Sale Date], and I am reaching out to request your immediate assistance in halting this sale. Due to unforeseen circumstances beyond my control, I have faced significant financial hardships that have led to the current challenging situation. I am writing to you today to explore any available options to prevent the foreclosure sale and save my home. I kindly request that you consider the following options to resolve this matter: 1. Loan Modification: I would like to discuss the possibility of modifying the terms of my loan to make it more affordable and manageable given my current circumstances. This could potentially involve extending the loan term, reducing the interest rate, or forgiving some past due payments. 2. Forbearance Agreement: If a loan modification is not feasible, I would like to request a forbearance agreement. This temporary solution allows me to reduce or suspend mortgage payments for a specific period until I am financially stable again. This would provide me with the opportunity to recover from my financial setback and resume regular payments. 3. Repayment Plan: I am willing to work out a structured repayment plan to catch up on the missed payments, adding them to future installment amounts. I fully understand the importance of fulfilling my obligations, and I am eager to find a solution that will enable me to do so. 4. Short Sale: If it is determined that keeping the property is not financially viable, I am open to exploring the option of a short sale. This would involve selling the property at a fair market value, with your assistance, to prevent a foreclosure sale and minimize the financial impact. I kindly request your urgent attention to this matter, as time is of the essence. The prospect of losing my home is incredibly distressing, and I am committed to working collaboratively to resolve this situation and maintain my property ownership. Please find enclosed the required documentation that supports my request, including proof of income, hardship letter, and any additional records you may need to assess my situation comprehensively. I eagerly await your prompt response and the opportunity to discuss possible solutions to prevent the foreclosure sale. I sincerely hope we can come to an agreement that benefits both parties involved. Thank you for your attention, and I look forward to your positive response. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Stop of Foreclosure Sale Notice — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to you as the homeowner of [Property Address] in Mecklenburg County, North Carolina. It has come to my attention that a foreclosure sale is scheduled for my property on [Foreclosure Sale Date], and I am reaching out to request your immediate assistance in halting this sale. Due to unforeseen circumstances beyond my control, I have faced significant financial hardships that have led to the current challenging situation. I am writing to you today to explore any available options to prevent the foreclosure sale and save my home. I kindly request that you consider the following options to resolve this matter: 1. Loan Modification: I would like to discuss the possibility of modifying the terms of my loan to make it more affordable and manageable given my current circumstances. This could potentially involve extending the loan term, reducing the interest rate, or forgiving some past due payments. 2. Forbearance Agreement: If a loan modification is not feasible, I would like to request a forbearance agreement. This temporary solution allows me to reduce or suspend mortgage payments for a specific period until I am financially stable again. This would provide me with the opportunity to recover from my financial setback and resume regular payments. 3. Repayment Plan: I am willing to work out a structured repayment plan to catch up on the missed payments, adding them to future installment amounts. I fully understand the importance of fulfilling my obligations, and I am eager to find a solution that will enable me to do so. 4. Short Sale: If it is determined that keeping the property is not financially viable, I am open to exploring the option of a short sale. This would involve selling the property at a fair market value, with your assistance, to prevent a foreclosure sale and minimize the financial impact. I kindly request your urgent attention to this matter, as time is of the essence. The prospect of losing my home is incredibly distressing, and I am committed to working collaboratively to resolve this situation and maintain my property ownership. Please find enclosed the required documentation that supports my request, including proof of income, hardship letter, and any additional records you may need to assess my situation comprehensively. I eagerly await your prompt response and the opportunity to discuss possible solutions to prevent the foreclosure sale. I sincerely hope we can come to an agreement that benefits both parties involved. Thank you for your attention, and I look forward to your positive response. Yours sincerely, [Your Name]