We (the sellers) were approved for HAFA by Chase with no issues, but we were declined by Regions Bank. Would not accept the 6% of 7800.00 HELOC. We are going to go the traditional short sale route. My quesiton is do we have to start from scratch? Chase has all our paperwork, the BOP is done.  We have THREE offers in the wings at or near the BOP. There will be a 30,000 deficiency on the first and 7800.00 on the HELOC before negotiations.

Already been through the ringer, can't take it much longer!