California short sale Help

[Stephen McKee]

I have a new client with a non-owner occ home. It is upside down 50% and negative 50% per month. He's thinking of short selling it but I have been told over and over again that banks do not negotiate short sales on non owner occ. I stay as far away from short sales as possible. REO's are just easier to sell. Has anyone had any luck with Ca non owner short sales.

It's chase bank and he has not missed a payment yet because he is using his HELOC to float it.