Knoxville short sale is a hardship letter. You don't have to be a good writer to write a good hardship letter, the biggest thing to do is to be honest and open about the situation with your lender. A hardship letter will help make the rest of the information you've provided to your lender more personal and more than just documentation. Here are a few tips to write a good hardship letter for your Knoxville short sale. 1. Determine the cause for your hardship. You could have experienced hardship for many different reasons and be sure to keep in mind not all hardship is purely financial. Acceptable reasons for hardship can include: job loss, relocation, divorce, reduced income, medical bills, illness, death in the family, military service, among many other reasons. Think about what has changed in your life since you purchased your home and how things are different. What has made paying your mortgage difficult? 2. Explain your hardship. A well-written hardship letter will explain how you got into you present situation, what you've done to try and make the situation better, and why the situation is permanent which makes doing a short sale the only option to avoid foreclosure. 3. Avoid common hardship letter mistakes. Lenders are more likely to agree to do a short sale if they see the situation is permanent and there is not other alternative to avoid foreclosure. A short sale letter should be a brief 1 to 2 pages. It should explain your situation in full detail. Consider all aspects that made paying your mortgage difficult, even little details are important. Were there other bills that were piling up after you lost your job? What else was going on with your life? And most important, don't share you hopes and dreams of the future. You want to show you lender that the situation is permanent, any glimmer of hope could be just cause for them to deny your short sale. That is not to say that your future isn't full of hope, however, this is not something you want to share with the lender. They are making an exception for you and want to see it is your last option. Are you considering doing a short sale on your Knoxville home? If so, please do not hesitate to give my team and I a call at 865-696-9002 or send an email to [email protected]. My team and I have helped many Knoxville homeowners avoid foreclosure on their home. Also, be sure to check out our Knoxville Short Sale and Foreclosure Resource Page.