Can a real estate agent do a short sale on their own property?  I would strongly advise against it.  I would tell that agent to refer their property to another associate.  Why?  Because it avoids conflict of interest, lenders prefer to work with a third party negotiator and finally-it is just too personal.  The ability to look at these cases objectively is critical for everyone involved. 03/09/2008

Up to 30 year amortizationInterest only payments availableUp to 90% financing (based on appraisal or contract)(*land size restrictions)Mortgages modified for construction loan (reducing costs for construction loans)Plan1 & 1 ARM3 & 1 ARM5-Year Fixed Amort.Min. CashDown Payment25%     10%25%     10%25%     10%Maximum LTV75%     90%75%     90%75%     90%Start Rate6.95%     7.25%7.50%     7.75%7.95%     8.25%Total Points0     1/20     1/20     1/2AmortizationInterest OnlyInterest Only15-Year(**20/30 Year)Maturity5 Years5 Years5 YearsCaps2% Annual - 5% Life2% Annual - 5% LifeN/AIndex1 Year T-Bill1 Year T-BillN/AMargin3.50%     3.75%3.50%     3.75%N/AAdjustmentFrequencyAnnuallyAnnually beginningyear 4N/A(Note this program is only available in platted/recorded subdivisions and good sales hist... 03/23/2007