Help need bank to drop promissory note for short sale!

[Michael Soriano]

Hello Group,

I have a short sale that was approved, however the bank (via pmi) is asking the home owner to sign a promissory note of $50k. The negotiator told me that we have 2 choices either the seller signs the promissory note or the seller cancels the contract. Has any one had any luck negotiating these down? The bank is Wells Fargo. Any suggestions would be appreciated.

Michael