Hi,

Has anyone tried to do a short sale for a future hardship? My client's property is valued at around $225K. He still owes $$235K from Quicken Loans( he was able to refinance this first mortgage last 2011). He also owes $35K from Bank of America which was taken on 2008 with the original loan. His company will be relocating soon to another state, he just had a second child, and hardly anything left on his budget after paying all the bills (he is current on all). I am also concerned on the refinanced loan with Quicken. Since it was just taken recently, will he still be able to do a short sale?

Thanks for any input.