Listing an Under Water Home with No Hardship

How do you list an under water home with no hardship. If the Seller is willing to bring the "difference" to the table does the Buyer have to be informed? Does this have to be "announced" in the MLS? I think there will be more of these transactions and I want to address them appropriately. Has anyone heard of the lender reducing the debt when there is no hardship?

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Comment by Bryant Tutas on May 18, 2010 at 9:07am
Margaret. It is certainly possible to negotiate a short sale where there is no hardship. The seller may just have to bring some funds to closing.

If the seller is willing to bring the entire difference to closing then it is just a regular sale and no additional disclosures need to be given

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