Posted by John (WA) on December 10, 1999 at 15:28:13:
Gee, you would think that leaving in their name would be a pretty good trade off for the long term implications of a foreclosure. Since there’s basically no equity then there’s nothing for them to split. I guess I would be inclined to show them the benefits to taking the bird in your hand. If they fear an eventual problem with the property such that they would get it back, that problem would only be conjecture. The foreclosure sounds certain. Just let them know the offer stands till the payments become delinquent then the offer is off the table and move on.