Buying low and selling high...

[Hunter Reed]

Good morning from Emporia, Kansas. I have recently received information from a close relative on what it seems to be an incredible off market deal. 

Jenks Deal: (3bd 2bt, 1,948 sqft, yr built 1974) The couple that owns the house in Jenks OK are retiring in Arkansas and have already closed on the Arkansas property. The Jenks property is paid off and they NEED to sell the house by the end of April. The Jenks property has undergone renovations and should be getting close to finish. The owners of the Jenks property want $250,000... The comps in the area show $225,000 fair market value.. I believe that a cash offer of $125,000 - $150,000 is far more attractive. I have a cash buyer ready to pull the trigger. There is $90,000 on the table to be made. The property may sit for a year before interest rates come down in order for the property to be sold for FMV. Do I follow up on this lead and get my cash buyer involved or is there important details that I'm over looking? What should I do?