So I just closed on a sale and received the settlement check and was more than expected.

Learn these formula first.Your mentor should explain the many methods of negotiating - second stage negotiation - hybrid offers - controlling clauses - delayed settlement with right of possession and subject to the existing financing - built-in extensions - and assignments.Power Prospecting - where to find the real estate that will produce profits - how to make offers before looking at the property - working tax sales, foreclosures, expired listings, FSBO's, advertising - radio - internet - TV - agents -fiduciary buyer brokers.To mention just a few of the things you prospective mentor should be doing for you.Good luck - Charles

Then you don't have to rely on (probably) inaccurate information and you'll have fewer surprises when you get that first settlement statement.

They just have to make sure it is listed correctly on the settlement statement as what is really is, an assignment fee.

@Barry H.Just to clarify what Steven Hamilton is saying:There are two general rules that must be met for a fully tax deferred 1031 forward exchangeThe value of the replacement property must equal or exceed the value of the relinquished property.All of the net proceeds from the sale of the relinquished property must be applied to the acquisition of the replacement property.Selling your property for $2M and acquiring a $5M replacement property satisfies the first rule.The net proceeds from the sale of the relinquished property is the amount of the check that you would have received at settlement after all the selling expenses are paid, liens are satisfied, seller concessions are funded, and other closing costs are paid.

So, hence my interest in trying to buy the redemption rights to anticipate the settlement of the deed.

If you find a 25K note and get a seller to agree to take 10K and then arrange a purchase from a dealer or anyone else say at 15K and they use that money at the settlement, you are not buying with your money, you are brokering.

Some of those expenses would have been considered normal direct expenses related to the purchase and placed on the settlement statement where they could have been paid.  

I am giving her another month as she is supposed to have a large settlement coming in ( I confirmed with the insurance company) If it doesnt improve after that, I will likely give it another month and then get her out of there. 

Most contracts say that you get free and clear title so the bills come out of the price you offer and the bills are the seller s responsibility (actually usually paid by the title company at settlement)However depending on the situation especially if the seller is very motivated and doesn't even know what he or she owes I will give them a net offer.