Subject to Deal - With Curveball

[Joeny Ortiz]

We have a motivated seller who is willing to do a Subject To deal - amazing. The problem is that he wants 12K cash to settle a lien, placed by a bank, on a separate property that he lost to foreclosure.  

The seller will allow me to contact the lien holder (Bank) and settle the lien.

Here is my question:

1. What do I need in order to act on behalf of the seller with matters pertaining to this lien?

2. Will a bank reduce the amount of the lien?

Thanks,

Joe

[Andy Cross]

@Joeny Ortiz In order for the bank to talk to you, your seller will need to provide the bank with an authorization to release information to you. Otherwise, the bank will not talk to you at all. Make sense?