Allegheny Pennsylvania Sample Letter for Short Sale Request to Lender

• Category: Real Estate - Foreclosures
• State: Multi-State
• County: Allegheny
• Control #: US-FORECL-08
• Format: Word; Rich Text

Description

This is a sample letter that may be sent to a lender to prevent foreclosure by requesting their agreement to a short sale. The letter may be customized to suit your needs. Allegheny, Pennsylvania Sample Letter for Short Sale Request to Lender: [Your Name] [Your Address] [City, State, ZIP] [Date] [Lender's Name] [Lender's Address] [City, State, ZIP] Subject: Short Sale Request for [Property Address] Dear [Lender's Name], I hope this letter finds you well. I am writing to request your consideration for a short sale of the property located at [Property Address] in Allegheny, Pennsylvania. Due to unforeseen financial circumstances, I am currently facing extreme financial hardship and struggling to meet my mortgage obligations. I have attached all the necessary documentation, including financial statements, tax returns, pay stubs, and an appraisal report, to support my case. These documents illustrate my current financial situation and the significant decline in the market value of the property. The reasons for my financial hardship are as follows: [Provide detailed explanation of the circumstances leading to financial hardship. This may include loss of employment, medical expenses, divorce, or other relevant factors affecting your financial stability.] Despite my persistent efforts to resolve the situation, it has become increasingly difficult to meet my mortgage payments. It is my sincere intention to avoid foreclosure and find a viable solution that benefits both parties involved. Therefore, I propose a short sale of the property, where the proceeds from the sale will be less than the outstanding mortgage balance. This option will allow me to alleviate my financial burden and provide a feasible resolution for all parties involved. I kindly request that you review my proposal and consider approving the short sale. With the decline in property values and the extensive time and expenses associated with foreclosure proceedings, a short sale provides a more favorable outcome for all parties. In the event of an approved short sale, I am fully committed to cooperating in a timely manner and assisting with any additional documentation or requirements necessary to complete the process smoothly. I trust in your understanding and empathy towards my situation. I genuinely believe that a short sale is the most suitable and beneficial solution for both myself and the lender. Your cooperation and prompt attention to this matter are greatly appreciated. Please feel free to contact me at [Your Phone Number] or [Your Email Address] to discuss this proposal further or request any additional information needed to proceed. I am eager to resolve this matter amicably and appreciate your consideration. Thank you for your time and attention. I look forward to your positive response. Sincerely, [Your Name]

Allegheny, Pennsylvania Sample Letter for Short Sale Request to Lender: [Your Name] [Your Address] [City, State, ZIP] [Date] [Lender's Name] [Lender's Address] [City, State, ZIP] Subject: Short Sale Request for [Property Address] Dear [Lender's Name], I hope this letter finds you well. I am writing to request your consideration for a short sale of the property located at [Property Address] in Allegheny, Pennsylvania. Due to unforeseen financial circumstances, I am currently facing extreme financial hardship and struggling to meet my mortgage obligations. I have attached all the necessary documentation, including financial statements, tax returns, pay stubs, and an appraisal report, to support my case. These documents illustrate my current financial situation and the significant decline in the market value of the property. The reasons for my financial hardship are as follows: [Provide detailed explanation of the circumstances leading to financial hardship. This may include loss of employment, medical expenses, divorce, or other relevant factors affecting your financial stability.] Despite my persistent efforts to resolve the situation, it has become increasingly difficult to meet my mortgage payments. It is my sincere intention to avoid foreclosure and find a viable solution that benefits both parties involved. Therefore, I propose a short sale of the property, where the proceeds from the sale will be less than the outstanding mortgage balance. This option will allow me to alleviate my financial burden and provide a feasible resolution for all parties involved. I kindly request that you review my proposal and consider approving the short sale. With the decline in property values and the extensive time and expenses associated with foreclosure proceedings, a short sale provides a more favorable outcome for all parties. In the event of an approved short sale, I am fully committed to cooperating in a timely manner and assisting with any additional documentation or requirements necessary to complete the process smoothly. I trust in your understanding and empathy towards my situation. I genuinely believe that a short sale is the most suitable and beneficial solution for both myself and the lender. Your cooperation and prompt attention to this matter are greatly appreciated. Please feel free to contact me at [Your Phone Number] or [Your Email Address] to discuss this proposal further or request any additional information needed to proceed. I am eager to resolve this matter amicably and appreciate your consideration. Thank you for your time and attention. I look forward to your positive response. Sincerely, [Your Name]