What is an Acceptable Hardship?

  A hardship can be defined as:

                       A material change in the financial situation of a homeowner that is or will affect his/her ability to pay the mortgage.


In order to qualify for a short sale, the homeowner must have a hardship.

Listed below are some examples of hardship.

Always call to be sure: 410-207-5993


  • Loss of employment
  • Income reduction
  • Business failure
  • Damage to property
  • Death of spouse or wage earner
  • Death of non wage earner
  • Severe illness
  • Inheritance
  • Divorce
  • Relocation
  • Military Service
  • Payment increase or mortage adjustment
  • Insurance or tax increase
  • Separation
  • Too much debt
  • Incarceration
  • Combination of any of the above.


Determining your eligiblity for a short sale early enough can stop your foreclosure.