Creative Ideas to Help Distressed Seller and make a Deal Work

[Shawn Questa]

Hi all,

I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.

I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.

I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.

I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.

I thought this might be an interesting Case Study.

Thanks for the Ideas.