Any way to creatively achieve profit when over under?

[Garrick Solberg]

Hey all,

Got my first lead today. It was from an out of state owner that purchased a condo with her husband (at the time) as an investment. Unfortunately the condo business in Florida is taking a real hard hit right now, so their mortgage is now $14k more than what the builder is asking for new units. On top of that, she and her ex-husband have just gone through a divorce. She was extremely nice and I feel really bad for her situation, but I just don't think there is anything I can do for her. Does anyone know of any creative ideas where a profit could be made here? She and her ex husband are prepared to take a loss of $25k (loan is currently at $174k). They have it listed at $160k right now with 3 months of HOA fees paid, but unfortunately the builder is offering at the same price with 2 point buy down, 1 year of HOA's ($300/month) and a year home warranty included. If it sold retail RIGHT NOW for 3% below that amount (has been on the market for a couple of months now) they would probably be at around a $32k loss after everything is said and done. The one saving grace for them is that the real estate agent was involved in their purchase of the property, so the agent feels bad and won't be charging comission on the resale. Although I think I heard once that the broker will still collect their 1.5%

If there isn't any way I can help her, does anyone at least have advice I could give her as to her best route out of this problem? Is it legal for me to do so?