I have a seller who needs to sell his home...He can pay off the 1st and maybe a little towards the 2nd in the sale but not all of it.

He wants to pay off the HELOC and not default or Short Sale it.  Do you know if BofA (servicing the 2nd-not sure who the investor is) will release the lien on the house to get a sale done but then secure it as another form of debt....perhaps a line of credit or personal note?

Who would we call to discuss this and see if it is at all possible?  I know it is hard to get to someone without even starting the process but this will determine how my sellers proceed.

Anything you can offer us would be great.

Thank you!!

Elise Fay