But I think any experienced investor would agree that if you aren't doing value-add when it comes to real estate investing, you aren't actually investing.

If they actually use a reputable title company I'd do it but if not, I won't trust them.

Quote from @Jai Windish: Hey everyone,I am from Illinois and actually closer to Peoria than Champaign, but choices were limited.

I would be surprised if there weren't notices given to both the defaulting End Buyer (You're in default, you must close by X date or we're forfeiting your deposit) as well as the escrow agent (Buyer defaulted, see contract Earnest Money paragraph regarding release) prior to that actually occurring.

Quote from @Charles Evans: You are actually behind the 8-ball on this.

Did you have an appraisal done at the date of death when you inherited it?

I’m looking for insights on which states allow you to list a property on the MLS as soon as you have it under contract—but before actually owning it.I know that some states have strict regulations around wholesaling and marketing equitable interest, while others allow it as long as you disclose your intent.

I would try to buy properties starting at a specific date so not large ticket items come up.

It is a corner lot, so they actually have two separate driveways, which is great for privacy.

Now solely as a lender, i actually reverted back to it in unison with our mortgage origination software.