Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.

Most of it is private through Sallie Mae and Wells Fargo, so not much hope in the way of loan forgiveness or a settlement unless we go into deferment, which we won't do. 

Legal fees could pertain to the settlement company, title searches, etc... 

You don't have to buy it to make money - you could control it with an offer - with a delayed settlement date and assign the contract to someone who will developed it.

You might get compensated by this but in many cases there is just not enough meat on the bone and a settlement is reached.

Currently I am interested in solving two problems - reducing the amount spent on settlement fees at closing and also discovering a flip opportunity in our area.  

Sometimes settling gets them out quicker and sometimes settlement talks are something a deadbeat tenant is using to delay.  

Unfortunately, there are so many rules and regulations around disclosure that it's not worth it to them to talk to you even if they could eliminate their foreclosure timeline by entertaining a short sale or settlement.

As land was cleared for settlement, he gradually moved west and by the late 1870s settled along Beaver Creek near Electra Texas.Dan Waggoner passed away in 1903, and his son, W.

Having the Buyer sign a mortgage at settlement. 4.