You could subsequently get $5K in capital gains tax free by the offset. 

This involves getting a new survey and "inviting" the town inspector to come onsite and evaluate the structure(s), including determining which structures were original (pre 1959) and which were added subsequently.

REALTORS® shall recommend that sellers/landlords obtain the advice of legal counsel prior to acceptance of a subsequent offer except where the acceptance is contingent on the termination of the pre-existing purchase contract or lease.

I hope to speak with each of them and try to get them on the same page (sometimes I manage to be persuasive).I've done some due diligence work today and discovered that there are no liens, etc. on the home, and that what they may have perceived as potential debt responsibilities is incorrect.If I can get them to "open succession" and subsequently get the house under contract, I think the deal may work out something like this:$165000         ARV (Conservative estimate, waiting on comp info - tomorrow?)

Well they usually only get paid off %'s (ie. 3% on first 100K and 1% on subsequent 100K) so a lowball offer won't really take that much out of their pocket and a sale is better than no sale.

Replacing the subfloor or applying some type of coating subsequent to cleaning?

Subsequently, there's not really anything you can hold him to.

That being said, here are the key issues: 1) No equity means it's unlikely that cash proceeds would be generated to the benefit of estate heirs or  beneficiaries.2) If spouse has signed for mortgage loans too, determine if there is any risk of recourse to surviving spouse should default occur and subsequent foreclosure create a shortage.

Thought it was simmered in Diamond Head Crater brah.

Nor have we taken into account the depreciation you can claim and the the subsequent increase to your cash flow."