help, help, help.

[Gerald King]

Ok, I went to realtor.com and found a house that is local to my area. I went and pulled some reports on the property and shows the current owner paid $10.00 for the house in 1996. Comps for the area on this type of single family dwelling are at $78,000. From viewing pictures the property looks decent (pics could have been taken 10 years ago for all I know).

Here is my question, the house is obviously listed through an agent. Are there possibilities of getting great deals through agents? the only think here would be able to do a double closing correct?

Let me know how to structure this in your opinion and if this could work, what the numbers should look like etc.

I am not going to jump on this without some insight. I dont have a trigger happy finger.

Any help would be greatly appreciated.

Thanks.

Gerald