How a wholesale deal works question.

[Chris DeSisto]

Hello, I've got a question on how a wholesale deal works and plays out. For an example say a house is worth 100k and there is a loan amount for 50k still on the property. Say I go to the owner and offer 20k. Maybe they are going to lose the property to tax default or something. If they take the 20k, I assume they still owe the difference of 30k to the mortgage? Basically how do you help a motivated seller out of a bad situation where they free of the debt?