Originally posted by Don Konipol:If they can not obtain needed financing for whatever reason, then they are not able to pay that amount and hence that amount can not be considered market value.Nice post Don.This passage above gets to the heart of the matter.

I also fixed their building a couple of years back when a guy had a heart attack and launched his truck fully into their office.

We waited until the bank got their heart right and lowered the list price to where it should have been to begin with.

Ask the seller for TAX RETURNS.The tax payer will work to squeeze every deduction out of a property to reduce tax burden.It is also the REAL income that is coming from the rent rolls.. . . you cut through pro forma "pie in the sky" projections crap, as well as any capital improvements (or lack thereof) that have been done on the property in the past (how long do you want it) years.. . . and don't be faint of heart when asking.

The IRS and courts do not view lending under biblical teachings and they recognize that the financing wasn't out of the good of someone's heart.

And the credit cards will still be there, accumulating interest and needing to be paid.The "die with a credit card balance and have nothing in the estate" strategy may not work for the simple reason your mom may live a long, long time.Have you had a serious heart to heart about this situation?

That breaks my heart....Wow, you're a better person than me.

They may try to sue, but as long as no one was negligent and had everyone's best interests at heart, they shouldn't win.

I had 2 uncles who would have done that for me in a heart beet but I was too late joining the game (they passed). 

This is not easy and your heart will stop before making your first offer.