It was an elderly gentleman saying he is interested in selling.

Owners were elderly, had 14 dogs, and the house has been empty for two years.

I knew the sellers were motivated to sell because their elderly father lived there and they had moved him out.

Some years ago, a borrower and I helped an elderly hoarder move most of her belongings to a storage locker.

Recently, I took over management of my elderly father's real estate portfolio (i.e. mainly single family homes). 

You can 1031 exchange but you're never realizing those gains and you can't draw from it in retirement unless you do a reverse mortgage which is reserved for elderly retirees that won't outlive their equity. 

Account Closed  I figured this was in WA just from the title of your post.State AG McKenna is a pitbull on elder protections, pre-foreclosure and equity skimming. 

What if original seller was elderly, distressed, bamboozled?

The house next door is owned by elderly couple (in a living trust) who live a couple hours away and bought the very nice house several years ago for their brain-fried and/or druggie divorced adult son to have a place to live.

Act and Consumer Protection Act.Someone on Bigger Pockets recently posted & boasted that they "helped" an elderly widow with serious health problems by buying her house appraised at $290,000 for $60,000 and was "helping" her.