Iowa Short Sales & Deficiency Judgements

[Wes S.]

Working with BOA on a Short Sale and have several others just getting off the ground...

My question is...What is the likelyhood and legalities in Iowa in reference to Deficiency Judgements? I've called the State but they don't have an answer for me yet...

The homeowner obviously doesn't want to do the deal if they may be pursued down the road for $25K+ difference between whats Owed and Short Sold for.....

Should I try to get the bank to Accept a 'Payment in full without pursuit of any Deficiency Judgement?' but I think the odds are fairly slim they will accept.

Anyone have any experience or angles to approach?