1st HUD 1

I am currently pursuing a short sle with CountryWide (not the easiest lender to deal with by the way) The house appraises at 120K and the seller owes 107 on their 1st mortgage with no 2nd. I am unsure of where I should begin offering, some research I have done suggests at 50% of what is owed, up to 80%. I am also unsure of what all sections on the HUD 1 I need to fill out ::slight_smile: …if someone could please give me some advice I would greatly appreciate it!! :slight_smile: This is my 1st deal & I am very excited to see if it works out!!!