Why? If you are competent why burden them and risk something happening you don't want or don't understand? For the seller, the process of handling a short sale involves making the home presentable as in any sale. Getting scarce for showings. Preparing your financial documents for the bank and hiring a very good agent with short sale experience.
Hiring the right agent is something your child can assist you with, but signing paperwork, gathering bank statements, taxes, income documentation is something that you will need to do yourself.
Having your kids help can be fine, but they need to either be fully involved or not. One of the worst experiences anyone can have is the drive by "expert" who knows nothing but thinks they know everything and confuses everyone. Either they are by your side all the way through or they keep a safe distance.
Short sales are complicated, but not uncommon anymore.... more