Wholesale Newbie Question

[Andre Williams]

Hey everyone, 

I have been doing driving for dollars lately in my local area and I have found a good amount of homes that look distressed and could be good opportunites for wholesale deals.

Today I called one of the owners of the property and she said it was her fathers house who passed away and it was near the lake so it has a lot of upside, but it had some flood damage to it.

She said she wasn't in a rush to sell it but if the offer was good she would consider it, the thing that kinda confused me was she said the house is nice but the property value and the lot was where most of the value was. So my question is does she mean the land? I know it's near the lake which makes the house more attractive and the ARV will be higher but my assumption was she was the owner of just the house and not the land?

If anyone has any opinions I'm open to hear them,

Thanks!