I received a call from my Brother in-law yesterday telling me that he needs to get rid of his home because he cannot afford it anymore. He is in an ARM loan that just went up to $1900 a month for $206,000 home. He works for himself and really only has stated income which is not allowing him to qualify for a new fixed loan. He owes quite a bit to Credit card companies as well, and is thinking of filing bankruptsy. I checked some comps in his Neighborhood and they all are coming back at around $172,000 for ARV. Most likely because of all the forclosures within the neighborhood. He owes about $166000 to the first (AMS) and $40,000 to the second (EMC). do you think there is a possible SS opportunity here? Do you think the fact that we are related could hurt The possibilty of a short sale if the bank finds out?