Ashley - I don't know if this is a good deal or not - but I did respond to that listing - it looks bad and empty - There could be lots of equity or lots of stress - I like in and out in a short period of time.In my opinion every property offer is a "deal" - Every property offered is or could be a good deal -The only thing that make a property a bad deal is PRICEEvery property will sell if the price is rightTime on the market and price (reduction) are close cousins -Price softens as time moves on and motivation and reality is realizedEverything will sell at a price -The first thing I'd want to do is get the history of the property - how long on the market, why is it vacant - what's the reason for selling -What is the current mortgage balance - is it current or in the arrears - What other liens or obligations are on the propertyHow many owners - decision makersWhat is the commission - will agent splitAre there open to a reasonable and creative offerDo they want any profit or to just get it out of their nameCan down payment be paid over timeHow much paper with they accept - delayed payments - principal mortgageAshley - since you exposed this property to all of us - You should see if you can get the answers to those questions above - and play the game - WHAT WOULD I OFFER?

Never mind all of your hard work and diligence finding the property, finding the buyer, and negotiating the paper work!

Never mind all of your hard work and diligence finding the property, finding the buyer, and negotiating the paper work!

If property is vacant you should put toilet paper in every bathroom.

Looking at Paper first instead of Bricks and Sticks to start.

I figure that the few bucks for paper, envelopes and stamps could be worth it. 

Also, in reply to your last comment, do the attorney and mortgage brokers have their own paper work drawn up or do I have to source them out first and take it to them?

Just like the paper is the medium for direct mail. 

Include in the closing papers that the house will be empty and in clean swept condition.

I do old fashioned way, buy paper and electronically research each one, we have been refining a list of about 5,000 for this years sale...