Hopefully with compassion, and with an attempt to solve their house problem, not just "take" their house. 

But just as in dentistry, we should be caring for the denture adjustment patient with the same compassion as the full mouth rehab patient.

I always prefer to be ruthless and without compassion, I was simply giving some middle of the road advice to help OP out. ;) fact is, OP doesn't have an ethical dilemma, he has a self-guilt problem, and it's his own.

.- They have no moral compass. 

Everyone has their own moral compass to help them.

Congratulations to you for having a moral compass and considering all factors when dealing with this tricky situation. 

This may not apply since this is not an owner occupy, but for non-warrantable condos I always work with Key Bank or Compass Bank they have identical programs.

Both Key & Compass lend on non-warrantable condos so you're not restricted to cash buyers if you re-sell.I'm also a fan of Homepath, it's often a better deal on terms and the renovation program is easier to use than 203(k)'s.

Robbie is a founding broker of Compass Nashville and investor also.

I do a lot of condo deals and have some great lenders at Elevations, Compass, and Vectra all of whom will lend on those.