Potential savings there...but we'll keep the budget fat for right now and slim it down as we go.Scope of Work Summary:Complete interior paint inside, baseboards, new flooring throughout entire home, brand new kitchen cabinets/countertops.

Although, that only nets you 6-8k minus your carrying costs which in my opinion would be a pretty slim margin for error.

@Sharon VornholtYou need clear title from an heir, in Quebec, CA https://www.educaloi.qc.ca/en/capsules/settling-es...

We are slimming the choices down.

If an individual that signed a note has no assets, or sells everything, or files bankruptcy... likelihood you ever see anything is slim.  

If the deal is slim and you could go without it, then a standard flat $500-1000 is reasonable.

About the only risks involved are with the insured closing agent or title company trying to rob you, that's slim to none.The cheapest way is to close with seller financing from the original seller, the note goes to "escrow" and in the second sale, that note is paid off, that seller closed accepting the note, the money they receive is from the loan payoff. :)       

According to my formula I should have paid 53.5K but the risk was low so I went for it anyways.Now, this was a slim deal compared to most that I do, but, is an easy 10K something that you would pass up.

We consulted with our lawyer who seems to feel that the liklihood of being successful with the inspectors insurance was slim. 

While It's great that you can put so little down, This looks like a slim deal to me.