Hello everyone I am Matt Fetick with Sold By Short Sale, Philadelphia’s leading short sale specialist, thank you so much for your time today. I blog frequently about the short sale process and the different lenders I have worked with to help educate Philadelphia area homeowners avoid foreclosure. If you are looking for even more information, or would like to set up a free consultation, stop by my website where you will find hundreds of videos as well as my contact information.

For our blog topic today I wanted to discuss doing a short sale on your home due to relocation for work. As more and more people find themselves unemployed, or underemployed, the need to move for a quality job is becoming more and more common in Philadelphia. Thankfully relocation for work is considered a valid hardship by your bank in order to complete a short sale. When we present your short sale file to your bank we will make them aware of the imminent default on your mortgage if a short sale is not approved. An imminent default simply means that if a short sale is not allowed the mortgage will enter default in the near future. From a banks perspective it is unrealistic to expect someone who is moving to make two separate mortgages payments, or pay rent and their mortgage, especially if their home is worth less than what they owe. Our team has a lot of experience working with individuals in this situation and we want you to be the next person we help get out from under their distressed property. If you have any questions or would like to discuss your specific situation please visit my website or contact me today. Thank you for your time and I look forward to hearing from you soon.