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Kathy,
I am a "lowly buyer", but I would not touch this with 10ft pole! BoA is apt to do anything. The SS property I am suppose to close on Tuesday (after 100+ days having been sold via auction.com). The sellers/owners own a parcel immediately the one they are SSing, and although it is listed as a vacant lot, there are mobile homes on it. According to the latest and greatest HUD1, sellers will get incentives almost equal to BOA payoff. Payoff is 6k ish on a FMV of about 20K on a 50K debt. Whether you list it prior to or after the closing of the new property, to me, is a mood point. The sellers will have to disclose it to BoA anyway. IF this HUD flies (which I don't think it will even tough SS approval has been given) then BoA is apparently in a VERY generous mood right now.