What Does The Bank Consider a Legitimate Short Sale Hardship?

Las Vegas, NV – September 30, 2011 – (RealEstateRama) — After closing hundreds of short sale properties in Nevada, the biggest question we get asked from homeowners is, “Do I have a hardship and will I qualify for a short sale?” While each person’s financial situation is unique, the fact remains that practically everyone in Nevada is experiencing hardship to some degree. Let’s face it, our homes have lost more than half their value, and our state leads the nation in foreclosures and mortgage defaults.