There was a major water leak inside the wall that the owner refused to acknowledge. 

the actual script may not be necessary.i would like to just point out areas that are pertinent (from research):-Be sensitive as a death has occurred-acknowledge the role of the personal representative/executor and the huge responsibility they have in settling xyz's estate-the benefits of selling to you(7-30 day closing, any condition,save on commissions etc)-call to action

As others have said, we'll make an offer with No inspection clauses, and like you suggest maybe some language acknowledging existing issues.

I don't know the answer to your specific question, but thought I would add that I once got tangled up with a FNMA inspection period as well.Their 10 day inspection period starts to tick when you get a counter back from the bank, which they called the acknowledgement date.

this is just a thought. you might propose to meet with him on the day he's scheduled to move out and have him sign a document that state that you're stopping the eviction notice and you won't go after him in the future for the unpaid rent, as I'm sure that might have crossed his mind, in return for the keys.you might point out in the document that the wife is unreachable and so acknowledged by the husband by his signature

I'm really happy to be able to assist and provide my experience and knowledge on here and the thanks for the acknowledgements.

One was Bill Bronchick who recommended it as a way to protect against liens, but then, after question, acknowledged it had not power.

But it also acknowledges that the drop in prices could be caused by landlords trying to fill their units quickly to satisfy the higher expectations of investors and banks.

If you all 3 end up holding title then whoever qualifies for the loan can be on the note and the rest of the owners have to either sign the mortgage or a document acknowledging that the mortgage is authorized, depending on where you are located. 

Hello everyone, I'm curious about wholesaling pre foreclosures in California (Los Angeles) , I'm a new investor, I've been researching the subject and acknowledge the risk of a rookie investor like me dealing with an owner in crisis.