Hello,

My sellers forgot to tell me at listing there are 4 separate CA FTB liens against the house due to a business the husband had where apparently he didn't pay his sales tax to the state. 

They owe about $300K to BofA, some small liens for unpaid property taxes, and about $125K to the State FTB.

Is there any hope of working out a short sale?  I'm thinking they need to talk to a BK attorney first.  To complicate matters, NOTS is 6/1//12.

Appreciate any suggestions / experience you have on this.   Thanks!