The points I make of waving a deficiency judgement and less severe hit on credit report are mute to them because I believe the deficiency will be waved as part of the bankruptcy and their credit is shot with bankruptcy anyways.Any pointers on some benefits to explain to them to make them want to do a short sale?

Because they are afraid of the answer and cognitive bias takes control searching for the answers they want to hear.So, you really don't want the correct answer, these threads simply are made to create a debate among those who aren't qualified to give a correct answer for your state or community.Those that will study business law, real estate law, the principles of law not just statutes, may find the basis for the opinion of wholesaling being "illegal" it may not be the fundamentals of a transaction as much as the tactics used, misleading, lying, deceptive practices, lack of good faith, ethical matters and the harm caused by the unknowing, educationally deficient and/or any intentional scammers.

At the very minimum they should see if they can negotiate a waiver of deficiency for a consent judgment instead of just walking away.

If the owner is willing to give you a deed-in-lieu, that would be much better, but doing so means, that if you made a cash loan, you will need to sell the property (or keep it) and you will not be able to seek any deficiency judgment if you sell it for less than the amount due, plus costs.

There is some difference in deficiency though but that would be for the Sellers representative to try to negotiate out with the lien holders.

No, I know Dearborn was also "under management"....I do see how the banks stick the taxes to the homeowner under the DOT, costs, taxes, insurance go to the loan, goes to a deficiency after the redemption period.

The bank then pursues the borrower for a deficiency judgment.

In those cases, I see a deficiency being filed.

Especially if they are thinking of seeking any deficiency.

Use the plumbing in a reasonable manner and if by Tenant misuse it should freeze, burst, or get out of order, Tenant agrees to sustain cost of same repairs (the Landlord is to maintain and repair at Landlord’s expense any plumbing deficiencies due to normal wear and tear)e.)