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FYI. you will get a better response using the forums for questions and assistance and use the blog for sharing info
I would provide a complete short sale package from the beginning. The hardship letter should specifically state what has changed in the borrower's circumstances from the time that he borrowed the money that makes it so he can no longer pay. I would harp on the imminent job loss. Get this in writing form the boss and submit with the hardship letter.
The rents belong to the seller. I would suggest he start saving this money because GT is probably going to want a cash contribution.
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