Old houses surrounded by newer houses

[Thomas Jackson]

Facts: Old house, owner died, (current owner) administrator of estate lives there, property is in the expedited foreclosure process , current owner is requesting $345k, amount to cure default is $75k, amount to pay off loan agreement $194k, Houses on the same street range from $300's (35 out of 90) to $900k (recently built) according to Zillow. What are my options? Any recommendations? Mind you I'm new to this.