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Get the free NSP/MY HOME SHORT SALE POLICY The short sale request and ... - princegeorgescountymd

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NSW/MY HOME SHORT SALE POLICY The NSW/MY HOME Short Sale Policy is designed to recoup as much of the NSW/MY HOME loan balance as possible, so that in keeping with the Program Objectives, we may continue
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A short sale is when a homeowner sells their property for less than the amount owed on their mortgage, with the lender's approval.
Homeowners who are facing financial hardship and cannot afford to continue making mortgage payments may choose to file for a short sale.
To fill out a short sale, homeowners typically need to provide financial documents, a hardship letter, and a sales contract to their lender.
The purpose of a short sale is to avoid foreclosure and help homeowners get out of a mortgage they can no longer afford.
The short sale package typically includes financial statements, tax returns, pay stubs, and a hardship letter explaining the need for the sale.
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