Hardship Letter Template For Mortgage Modification

State:
Multi-State
Control #:
US-FORECL-07
Format:
Word; 
Rich Text
Instant download

Description

This is a hardship letter that may be sent to a lender to prevent foreclosure by requesting their assistance with a short sale, loan modification, refinance, repayment plan, reinstatement, forbearance, or deed in lieu. Examples of hardship explanations are provided.
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  • Preview Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
  • Preview Hardship Letter to Mortgagor or Lender to Prevent Foreclosure

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FAQ

(c) Subject to the provisions of § 5512 of this title, the landlord may terminate any rental agreement, other than month-to-month agreements, by giving a minimum of 60 days' written notice to the tenant prior to the expiration of the term of the rental agreement.

Tenants can use the Delaware Tenant Notice to Vacate Form to inform landlords and property managers of their intention to vacate the rental property at least 30 days before they intend to move out, or longer if required by the terms of their Delaware Lease Agreement.

3. Timeline Steps Of The Eviction ProcessAverage TimelineIssuing an official Notice5-60 DaysIssuance and Service of Summons and Complaint5-30 daysCourt Hearing and JudgementA few days to a few weeksIssuance of Writ of Execution10 days1 more row

Considering the regulations published in the Delaware landlord-tenant law, Delaware is not considered a landlord-friendly state. The main reason for this is that tenants have a high grade of leverage over their landlords, which can affect the way in which they manage the rental agreement.

§ 7010(b). (Tenants of residential units must provide at least 60 days written notice of termination for residential units, manufactured homes, and manufactured home lots to avoid possible liability for additional rent, unless otherwise provided in the rental agreement.)

Raising Rent ? Landlords in Delaware may increase the rent to any amount for any reason with a 60-day notice. Notice of Entry ? Delaware requires a 48-hour notice from the landlord before entering the unit or property.

Delaware landlords cannot raise rent during the lease term unless the lease agreement allows for it. Additionally, if the rental property is a mobile home, rent increases are limited to once per year. Landlords must provide 60 days' notice before raising rent, and for mobile homes, a 90-day notice is required.

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Hardship Letter Template For Mortgage Modification