Freind with preforclosed propertey

Freind with preforclosed propertey

I have a friend in Tampa, FL with a preforeclosed home that he and his family have moved out of and I was curious if there were any buyers out there interested in buying a property like this. Also if I have a possible deal for my friend to get out of his situation?

Built in 2006
7bd 4ba/ 2car garage
4315sq ft
Purchase price was: $454K
No repairs needed: valued @ $263K
Has two mortgages, I believe the first is around $200k, and the second is $60K

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