I'm having difficulty with a SPS short sale.  They ordered a BPO in September - Drive by - Came back at $280,000.

Got offer in and appraisal done.  Appraisal came in at $195,000 and offer was $190,000

SPS ordered NEW INTERIOR BPO and that came in at $220,000.  Initially they would not budge from the $280,000 offer even though the interior BPO came in at $220,000.  My buyers don't want to go up much more as they got a work estimate in excess of $100,000.  The property is a mess.  It has encroachment issues, no parking, a water line that feeds the REO next door...it's a nightmare.

I'm actually shocked they didn't take the $190,000 offer, with all the issues.  The buyers don't want to go up and SPS reset a foreclosure date for Jan 21.

My thought is to try the investor next.  I'm reading the packet and this is how it reads:

..of which mortgage Deutche Bank National Trust as indenture trustee on behalf of the holders of the Accredited Mortgage Loan Trust 2007-1 Asset backed notes is the present holder.

So I'm at a loss.  The way I'm reading this Accedited Mortgage Loan trust is teh investor.  How the HECK do I contact them?  Or do I start with Deutche?