Hello I am Matt Fetick with Sold By Short Sale, Philadelphia’s leading short sale specialist, I am so glad that you are joining me today. I service the Philadelphia and surrounding area’s and blog everyday to keep you the homeowner up to date on real estate. Today I wanted to discuss how an individual goes about qualifying for a short sale. The process is very straight forward and more than likely I can let you know if you qualify after a ten minute consultation. The first thing to know is that there are a few things your lender will want to know before considering your short sale file. First we have to demonstrate some type of financial hardship to your lender to show them a short sale is needed. Some valid examples would be losing your job, a decrease in wages, or an increase in your payment that you cannot afford. Other examples that are quite common include unforseen injury or health problems as well as divorce. Second, we need to show your lender that you are in default of your mortgage currently or are heading toward default. We can do this by providing your lender a financial snapshot. This would include your monthly expenses and wages along with bank statements to provide evidence of your hardship. If any of these hardships pertain to you please contact me today I would be happy to help. Visit my website or call me today so we can get started. I am Matt Fetick and I want to help you qualify for a short sale.