Former client called saying he has PCS orders.  Purchased in 2008 for $271,000.  Refi in June of 2012 for $290,000!   I have to say I am sick to see that his refi cost him nearly $40,000.  He didn't take out any cash.   The home is worth between $256,000 and $269000.   Do you think there is any hope to get this short sale approved?

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