In my discussion with the banker, if not for the special promotion promised at the start of the auction, and since comps exceeds the mortgage, it is a bid that would normally be rejected based on their standard protocols.

Just shoot me a private message. 

I’ll send you a message and I’d like to discuss.

If you can please answer my additional questions from previous message   

I have a real estate agent that only specializes in land.

Are there real estate agents in Westchester County, NY that specialize in finding short sales, pre-foreclosures, foreclosures, etc. for cash buyers?

It sounds like you’re dealing with a speciality product, but localBanks or credit unions tend to keep their loans on their books and may be willing to get more creative.

I’d love to help with the search and assess the viability of the property as a rental after you and your family have moved out.Please feel free to give me a call/message/email at any time.Kevin

Notes can be bought at office depo along with mortgages and or DT's.. and they work fine.only way an attorney would prepare these is if they are really custom or specialized large commercial transactions or when I would do some equity share notes..

(Message might be the best for that).