@don @Don Harris thanks!  

Surviving spouse now owns house outright.

Just wondered if everyone is surviving Fri the 13th unscathed.  

These are all legal tools to help seller sell that has a difficulty with low equity positionsNow if it's not low a equity but it's middle equity like $400,000 house $200,000 equity, most sellers will just pay the cost to sell which are about 10 to 12% of the value of the house when you include everything commissions closing costs sellers concessions and holding costs while it's being soldOver a third of houses out there or free and clear with no mortgages and this presents an opportunity to let the sellers know that if it is free and clear where they can do an installment sale and use their house as a retirement asset with no due on sale risk, own a private mortgage, get a cash flow like an annuity payment, and the cash flow can survive ther death and leave it for their kids or charity

Many of them don't have the core business fundamentals it takes to survive.

In my area, any lease agreements survives a change of ownership and the new owner is responsible for any liabilities.Like previously stated, you need to get your hands on the lease agreements before close.  

I would never survive that experience today :)

Welcome to BP @Harry Patel

First thing you want to think about will be his income while doing the work, can he manage to survive on making nothing until the house is sold.

@Kevinn Harris, welcome to BP.