If you're in to the whole BP thing where you ignore appreciation potential, tax shields, and amortization of loans in favor of a rote 50% rule of thumb analysis that yields "cash flow" and capitalizes it without the time value of money then the analysis above should get you pretty close without elaborate models.

Pass it off to a realtor to short sale it and have them return you the favor in some form.

LOLRich Weese what is your favored time in the morning for breakfast?

In Illinois, all offers are to be presented, with no "agent favor" given to one or the other.

Close deals, or don't presume to ask for infinite title favors!

So if this idea falls in my favor I will have a double size Mather suite with his and hers walk in closets, a much larger bedroom downstairs, and an increase in sq ft from 1800 to 2600....Is this a realistic idea or am I just dreaming to big?

If you don't get a favorable response, take the matter to court.

Not saying what you want to do isn't right, just saying there are other options and considering the real commitment involved with real estate, you should do yourself the favor of knowing as much as possible about what is out there.

Do yourself a favor by hanging up.

Then advertise the price just below the apprised value with favorable financing with rate and terms to a qualified buyer.