First call - I will probably pass on this one, need advice

[Account Closed]

someone called the number on the sign on my truck. Hooray! Now the bad part.
:cry:

When I first started looking into REI, I thought about how I would react when I got my first call. and came to the conclusion that I would probably pass on more deals than I tried to do. At least at first.

Property is 3/2 mobile home in rural area on 2 acres. Even though its in the nicest mobile home park in the area, its still a mobile home and wasnt something I had planned on dealing with.

Seller owes aprox $130K.
County appraised value is $81K
Sellers purchased in 2005
County appraised value in 2007 was $126K
Seller mentioned that they just wanted someoen to assume their payments (uhhh ya I would too).
Did not mention short sale to seller when we spoke.

Options:
(1) Run, dont walk away from this deal
(2) Offer to handle short sale for seller and see where it goes
(3) Simply refer them to a realtor in the area

If I went the short sale route, I would intend on doing a "short sale flip" with a double close once I had a buyer lined up and using a transactional lender. Of course, I would put in plenty of exit strategies for myself, in case I couldnt find a buyer.

Ok lets hear it!