1st Short Sale Attempt

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I hv a meeting tomorrow morning with a person in default. I hv pulled up his county records and see that Chase has filed a lis pendens naming him, hi s previous wife, the homewoners assoc, the insur co, his employer (I think) and maybe his mother in law. Anything I need to be aware of here when I'm trying to make a deal with him. OK as for the paper work I want to go over his docs and then hv him sign a "Buy Offer & Acceptance and Deposit Receipt" and a "Grant, Basrgain & Sale Deed". Without verification at this point here is what I believe the numbers to be: 1st w/ Chase 130 K 2nd w/ HHold 35 K Arrears w/Chase 12K Arrears w/HH 4K Chase has also put a claim onto all personal belongings. Probably also arrears w/Homeowners Assoc & Insur co?? FMV 210k and house looks in good shape fm outside. What I want to accomplish tomorrow: Hv him sign "Buy Offer..." with a deposit of $10.00 (Is this realistic??) Hv him sign over the "Grant,Bargain & Sale Deed" at my bank being notarized. Hv him sign an "Authorization to Release Information" for for me to use w/banks. Anything i should keep an eye out for?? Appreciate your comments/suggestions PS I also hv an afternoon appt with a buyer's who's nearly upside down from what I can tell. Just trying to see if I can get an "Auth to Release" form signed to see what I can do here. Busy day! Thanks kindly

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