But you have a few different options.

Also, after a year, the mortgage hasn't been paid down by much, especially if it's a 30 year mortgage.The only challenge you may run into is if you purchased it using a low or no money down mortgage option like FHA or VA lending.

Loan Officer, Brave Mortgage called me and we started a refinance option to be able to hold the property and get out of the balloon payment.

I will start from the offer stage. 

If that’s not an option the cheapest and easiest option two would be to use NORTHWEST REGISTERED AGENT out of okemos Michigan. 

Since you already have an offer, it’s not really about whether the property will sit for six months, it’s about whether keeping it makes financial sense.

The more cash on hand the more options.

- My first thought is offering cash, but the home owner would most likely just let it go to foreclosure because of how low the offer would be. - My second thought is offering some cash and taking over the loan - there are no liens on the property yet.

Obviously the numbers and location would determine which is the best option for me but these would be my preferred methods. 

From a liability perspective I am anti-glass tops ever since, there way too many other options.