Are you struggling to pay your mortgage or fear that soon you won’t be able to pay your mortgage, but you’re unsure if you have a hardship that qualifies you for a Venice short sale? From the sound of it, if you’re having trouble making your mortgage payments, it’s highly likely that you do have a hardship that makes you eligible for selling your home on the Venice short sale market. The best thing you can do in this situation is to contact a Venice short sale expert to talk about your current financial situation and the circumstances surrounding it.
The fact of the matter is that, while lenders used to be very stringent on the reasons they accepted for a short sale hardship, they have come to realize that there are a number of reasons why homeowners are unable to pay their mortgage and need to complete a Venice short sale. Some of the most common short sale hardships are job loss or unemployment, increase in medical expenses, decrease in income or death of one of the homeowners. Lenders are now starting to accept other reasons, such as divorce, job relocation or transfer or a need for a larger or smaller home as acceptable reasons for selling your home on the Venice short sale market.
While each lender has different hardship reasons that they’re willing to accept, Venice short sale experts want you to know that if you come to them for help, they’ll be able to help you find a hardship that helps you qualify for a short sale. Don’t belief what you’ve heard about lenders only accepting a handful of hardship reasons; reach out to an experienced Venice short sale agent today for honest advice and help with determining your hardship and getting your Venice short sale started.