They did offer to allow him to transfer the deed back into his name and keep the loan, however due to his circumstances that is not possible.

@John Smyth, depends on a lot of factors, but shouldn't be longer than a few days, unless there are outstanding circumstances.

This is one in which the issuer (or a person acting on its behalf) has sufficient information to evaluate, and does, in fact, evaluate, a prospective offeree’s financial circumstances and sophistication, in determining his or her status as an accredited or sophisticated investor.

But there can always be circumstances where a hold of less than a year might be appropriate.

Agree with Jeff GreenbergIn Texas, the buyers can seek legal actions against the seller in such circumstances but you will need an attorney to represent you. 

Is there some kind of abnormality or special circumstance that makes selling it like a standard home not desirable?

I was going to purchase a property from Equity Pro but circumstances would not allow me to do proper due diligence.

My property manager has no problem with this and gives me a call to provide some background on those top contenders (i.e. types of pets if any, special circumstances, potential red flags, etc.).  

water and food shortages, public transport etc etc etc....have some compassion and make some temporary concessions on being a strong businessman and landlord.I would basically give them a one time "get out of jail free" card for late payment.... make it perfectly 1000% clear that this is a one time deal due to extreme circumstances...don't try and push it or there will be an eviction started.If they have been a good tenant and have had the respect to give you the "heads up" that they were going to have an issue paying on time, that counts for something with me....I know this is business and when you give an inch, tenants will often continue to push the envelope and take a mile...if they see you are "soft" they will exploit it.....but this is an extraordinary situation that just doesn't fit the rules.......

We also had a few leads that did accept our offers however for other circumstances (on their end) the deal could not get done.