Will Bank Allow Short Sale WithOUT being in default?

[Ibrahim Hughes]

Hi Everyone. Met an elderly person whose house is underwater although he pays his mortgage on time. He'd like to sell and get "moving money" to relocate from NJ to GA where his daughter lives.

The only solution I can come up with is that he does a short sale with his lender, Wells Fargo. Does anyone familiar with short sales think he has a chance with his mortgage being current? Thanks in advance.