I have seen little success with Shortsales when there are 2 Lienholders.
Good luck and may God bless
Red Key Realty Leaders St. Louis
However, many foreclosures and short sales WILL have two lien holders due to home equity lines of credit and loans.
Also, properties can be taken off the market for numerous reasons, including the owner making restitution, reconciling their loan and or balance due. Or the listing agreement with the agent expires, or the bank has taken ownership away from the seller negating a listing relationship or taken off to do repairs, or be rented, etc.
Find an experienced short sale/foreclosure, licensed Realtor and or attorney to help you.