Owner in BK- Shortsale and Deficiency Judgment

[Martha Blumel]

I have been speaking to an owner of a property, that I am interested in, who tried a short sale before and Chase wanted a deficiency judgement against him, so he did not move forward with it. The property has been sitting empty for years and he wants to get it "off the books," but does not want to be responsible for the remaining balance. He is going to sign an Authorization to Release information so I can speak with the bank on his behalf.  My question is, what are the chances that Chase Bank will accept a Waiver of the Lender’s Right to Seek a Deficiency Judgment against him in Florida?  Has anyone successfully done this before?

Any and all advice is greatly appreciated.

Thanks,

Martha