You're confusing Wilmington, DE with the rest of the country. :) With the exception of the few years of the housing bubble, prices in this neighborhood of Wilmington have remained essentially unchanged since the early 90's.

@Bradley De comarmond.....1.

But, I would consult an attorney in the matter since I am not familiar with Delaware.

@Bradley De comarmond I'll look out for the next one for sure - tonight's a little tight for me.

@Eleena de Lisser thank you for the advice, I will.

Where I live, it appears people prefer the cul de sac that takes 30 minutes to get out of the subdivision style living arrangements.

@Eleena de Lisser Thanks!  

Now technically the agent who is de facto representing the seller in this situation would have a fiduciary duty to disclose these conversations with the buyer to them to help them in the negotiation process, as they would be a sub-agent of the listing agent if there is no written agreement with the buyer.

Hello everyone, I need some advice on how to handle a situation involving a potential property I'd like to buy and hold in the Tulsa area.The price of the home is relatively low for the cul-de-sac in which it is located, and I think I could have a decent rental and build a good amount of equity if I were to pull the trigger and do a rehab.The issue I am having is that the tenant does not want the house to sell.

As for your repairs- The de minimus for capitalizing stuff is $2,500 now.