Two quick questions for relating to a potential shortsale
-
Does one need a listing agreement as part of a convincing shortsale package? Would an explanation explaining why the homeowner chose not to list the home suffice?
-
Are there any obstacles (ie unconvincing hardship letter) that I am going to face when trying to shortsale a property whose owner has several other rental properties with rental income that do have equity?
Any suggestions or advice?