Please write a one page 500-800 word essay on the following:
Problem:
A Buyer can just afford to make the payments on the existing first and second encumbrances on the house they wish to buy. They do not have enough money to cash out the Seller. How would you engineer a financing plan that may enable them to purchase the house.
Give a step by step approach to your made-up example to this problem you may face one day on a property.