Seller agreed to price that turned out to be under water
After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.
The contract was in Florida done AS-IS.
Do I have any ability to force the sale to be completed and acquire a clean title? The seller does not have the ability to pay the $50k and will likely wind up in bankruptcy.