What to offer if you know the mortgage loan amount?

[Christy Tay]

Hi Everyone,

Still relatively new to REI. My question is, if you know how much someone owes on their mortgage and they are in pre-foreclosure, generally, what would you initially offer?

Would you offer what the same amount of the loan? Or, a little higher, a little lower (short-sale, right?)?

Thank You,

C