Do I have a viable Sub2 lead

[Scott Robinson]

Got a call from a family facing a foreclosure auction 6/7 that wants to sell.  They don't want to save the home, just their credit and make $4000 so they can move out of town.

They owe $126k, as is value of $140k, ARV of $160k. Payments are $1100 @ 5.5% for 30yrs. Loan re-instatement is $26k. Home is Arlington, TX near Randall Mill & Cooper for those interested.

My wife is a realtor and has a client looking for owner financing in the area so, I was thinking we buy it sub2 and then owner finance it to her client...

Thanks in advance for the advice.