Are You Facing Financial Hardship? Upside Down on Your Mortgage?

Are You Facing Financial Hardship?  Upside Down on Your Mortgage?

Have the recent economic changes caused you to spiral into a financial hardship? Do you owe more on your home than it is worth and simply cannot make that mortgage payment?  Are you upside down on your mortgage?  If you have recently suffered a hardship, or have arrived at the point that you just can’t keep up any longer, contact a short sale expert in to assist you. 

Our team represents sellers who are experiencing unfortunate events in their lives and need a remedy to prevent their property from being foreclosed upon.  Foreclosure should NOT be an option so, contact a short sale specialist NOW to review your options with you.

Perhaps a mortgage loan modification (payment adjustment) or a short sale (pre-foreclosure) is in order.   We offer a FREE short sale consultation that is well worth the few minutes that it will take you to spend with us to determine if you qualify for either program.


You must be able to prove financial hardship in order to qualify for a short sale. Below is a list of qualifying financial hardships that are commonly considered by the lending institutions:

  • short sale basics - short sale help in Charlotte NCBusiness Failure
  • Damage to Property
  • Death of a family member
  • Death of a Spouse
  • Divorce
  • Incarceration
  • Job Relocation
  • Medical Bills
  • Military Service
  • Payment Increase or adjustment
  • Property Insurance or Tax Increase
  • Reduced Income
  • Separation
  • Serious Illness
  • Too Much Debt

A short sale is a financing option that is available to homeowners who simply cannot afford to make their mortgage payments due to circumstances beyond their control and who do not qualify for a loan modification. Using the above criteria that fits your specific hardship, we will guide you in writing your hardship letter to the lender.  Should you need a sample of a financial hardship letter, please contact us immediately and we’ll send it your way.


Don’t delay, contact your short sale specialists today!  Time IS of the essence.


***Copyright© 2011 By Debe Maxwell, All Rights Reserved…***Are You Facing Financial Hardship? Upside-Down on Your Mortgage?***

About The Author

1 thought on “Are You Facing Financial Hardship? Upside Down on Your Mortgage?”

  1. Avatar of Michelle Gibson

    Sharon – This is such an excellent post. So many homeowners who are upside down don’t know what to do when they can no longer afford their home and what their options are.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.


  • Newport Beach Homes for Sale/Sharon Paxson®
  • Newport Beach area buyers, sellers, renters
  • 1100 Newport Center Drive
    Newport Beach, CA 92660
  • 949-280-0681 | DRE 01501912


DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

Copyright © 2022 Newport Beach Real Estate