Question About A Home Foreclosure

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I received a phone call from a man who is going to lose his home. He received a notice of foreclosure in February 2005, but he has a year until the foreclosure. He already gave the mortgage company permission to talk to me.

My question.....will the bank be open-minded about "making a deal" with me? I mean I am saving them from a home foreclosure!

Does anybody have experience at this kind of dealing? Thank you for your time!

Mike

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