Qualifying for shortsale

[Sean Dougherty]

I am in contract on a short sale. Long story short: 2 liens on property. Seller has qualified for short sale with senior lien holder and been approved. 2nd lien holder is more confusing. There are two names on property title and loan, mother and daughter. Mother has no problem qualifying for short sale. Daughter has had falling out with mother a decade back and has not lived in the home since then. She lives in another state and wants nothing to do with the house or her mother. 

1st lender did not require any information from daughter to approve short sale. 2nd lender is asking for daughters information and hardship letter etc. She has steady job etc. I believe even if I can convince her to send in all info, it will disqualify them from short sale. 

What options do I have? Can they do a quit claim deed and to get daughter off title?  Any pointers would be appreciated.

[Aaron Poling]

@Sean Dougherty if the daughter is on the loan for the second then there is no way around it. Second lien holders can be the hardest as you are sometimes asking them to take zero or very little. This gives the second little motivation. The daughter is kinda stuck also and it would most likely be in her best interest to figure things out. If the daughter lives far away and that’s where her job is it could possibly qualify as a hard ship. Good Luck! Aaron