Yet another SS question
I think I have a SS candidate...first is foreclosing for 89k, 4 months behind...2nd is for 25k but is current. There is a 2k LN that I have a hard time understanding because the LN was there b/4 the house was purchased. (the seller is working on figuring that out)...the MV of the house is about 118k ish..needs a roof and and A/C unit and a garage door. other than that the house is pretty pristine. Any suggestions. I have Auth to release info..and am requesting a SS package...the mortgage is held by BOA...oh, the owner is unemployed with 0 income....How much should I make the offer for?...and the 2nd is with the Educational Credit Union...will they be willing to take a payoff? and if so what % on the $ should I offer on the 2nd?
Thanks for the help guys
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