Long shot short sale - how do I find a Realtor?

[fire_mike]

I want to do a short sale while staying current, and with no hardship - hence the long shot. I called GMAC today (they hold my 1st and 2nd), but they were not much help. They pretty much said I need the house listed before they'll assign a negotiator (who can actually answer questions for real).

Like I said, I have no hardship - in fact, if I had 6 months worth of two mortgages in the bank, I would easily qualify to buy another house (to buy and walk). Too bad I don't have almost $18K in the bank. At this point it is a financial decision for me. Bought the house for 213 - owe 205 - worth 115-ish. IF the market climbed at 3% from today on, it would take me around 18 years to get out of my hole. If I walk (which I think is what is going to end up happening), my credit will be better in 2-3 years (I'm in the 700's now), and I can get a VA loan then if I choose to buy again. My credit score is not worth $90,000.

I'd rather do a short sale so I don't have to rebuild my credit, and so that I can buy another house (it would be cheaper than renting!). So it falls to GMAC on which route they want to go - either let me sell my house for a 'decent' price, or become homeowners themselves (and let me live in a house for free for a while).

My question is how do I find a Realtor that will be aggressive, and pitch the short sale to GMAC as the best option for them?

[fire_mike]

Also, I live in AZ, so I do have the advantage of non-recourse loans. So foreclosure really does not scare me at all.

[jakelabry]

Is that how you are going to pitch it to the bank - my investment/home lost money, I don't want to/feel like waiting around for it to recover, therefore you should take the loss, not me? I don't think longshot works in this case! How about snowball's chance in he!!? Anyway, lot's of AZ folks here so somebody is sure to have a recommendation. Word of warning - scam de jour is so-called "short sales specialists" trolling the market looking to commit fraud. Read an article about it this week. If I wasn't on my iPhone, I'd find the link and post it. Just be careful and good luck selling that short sale to your lender!