In a short sale how do you deal with a second mortgage?There are people that state that you should send out two different offers. One to the first and one to the second mortgage holder. Others believe you should send out the full price offer to the first and then let them decide how much they want to contribute to the second. The problem with this second way of doign this is that sometimes the second mortgage holder wants far more then what the second wants to offer. What do you think?February 02 2011 - Brickell0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.