What to say to Bank

I have a condo worth 50,000. Owner is losing to fc next week. She owes 30,000 no 2nd mtge. Cant ss so how to buy from bank for less than owed. Owner is willing to do anything not to lose?? Thx

why are you trying a reduction if there is 40% equiity… Buy it Sub 2

Of course they don’t want to short sale it they want to make up for her neighbor that went into foreclosure for 65k when theres was worth 50k!!!

I am going to miss this industry when I quit on 1.1.2010