Sample Foreclosure Letter - Best Letter Formats For a Foreclosure Letter

Foreclosure - Sample Foreclosure Letter - Best Letter Formats For a Foreclosure Letter

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Foreclosure Letter is one that is to be written by the homeowner and submitted to the mortgage firm for a plea to avoid foreclosure. This is the form of first transportation on your profit . It must comprise of all the problems you are facing and their reasons. The financial excuse serves as the right plea. The firm considers your case fit for a 'work out' only on the profit of this letter.

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Foreclosure

Sample Foreclosure Letters:

Sample letter # 1

Jack Smith
911 in any place Street
Somewhere town, State 12345
Ph.: 123789234, adam@jones.com

Adam Jones
Some Town Lender
911 in any place Street
Somewhere town, State 12345

Loan Number: 1125647 Loan Modification

Today's Date

Dear Mr. Jones,

I invite you to grant me an opening of loan modification as I am running behind in my mortgage payments.

The route cause of the lapse is the sudden death of my wife. She was employed well enough, and her death has reduced my income to half. Besides, I could not pay much attention to the financial issues owing to the emotional setback. I guess I won't be able to pay the total mortgage in the current monthly payments. I intend to pay them but do not have the resources.

Kindly grant me a temporary discount or a suspension of the payments just for a few months. I shall balance the finances in this time lap. I invite you to help me as this house holds heavy emotional value for me. Hence, I verily insist to save the foreclosure. Kindly, advise me on all the inherent options available at the earliest convenience. I am anxious to reach to an business agreement and would appreciate a prompt response.

Yours respectfully

Jack Smith

Signature of Jack Smith
Loan No.: 1125647
Address: 911 in any place Street, Some Where town, State 12345
Ph.: 123789234, jack@smith.com

Sample letter # 2

Mona Jones
911 in any place Street
Some Where town, State 12345
Ph.: 123789234, adam@jones.com

Shalga Morne
Some Town Lender
911 in any place Street
Somewhere town, State 12345

Loan Number: 1125647 Loan Modification

Today's Date

Dear Ms. Morne,

I hereby apologize for the default in my mortgage payments. I have suddenly lost my job and so can not carry on the income. I invite you to consider my case for a work out.

The factory I worked in accidentally got burnt down. Now the owners have declared bankruptcy. Since last 2 months, I have not got my salary. I'm trying for the job else where but they wish some papers for the legal issues. My employers have yet not issued those documents. Hence, I am not able to fetch a job. The urgency would get resolved in 2-3 months.

I invite you to consider my case for a temporary discount or the suspension of my payments just for a few months. I shall get back on track in this time. I am keen to avoid the foreclosure. Please, help me with all applicable options for the same. I'm anxious to get on an agreement. I shall wait for the earliest response.

Yours respectfully

Mona Jones

Signature of Mona Jones
Loan No.: 1125647
Address: 911 in any place Street, Some Where town, State 12345
Ph.: 123789234, monajones@abcmail.com

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