New here but I am hoping for some creative solutions to get this deal locked up and then buy or assign.
Home is 4mo gone and set to be auctioned in June.
I am figuring Mortgage around 155k
Home Value est market value 250k
My thoughts are to offer 175-200 and they avoid FC or LM on Cr. This gives 25-50k to go purchase or rent or whatever. The bonus here is they could rent the home from me/buyer so they could stay in the same home if desired or move.
Is this realistic as they could simply sell and make even more?
How would you approach this to save owner's credit and lock the home up before it gets to the courthouse?
Thanks in Advance and have a great day!