I went to LL to look at it today:http://www.lumberliquidators.com/catalog/thumbnail.jsp?

The problem is that the trust assets, upon your death, end up in the hands of the charity and not your heirs.

(death, disappearance etc!).

I hate diming people to death but $1.00 for wash and free dryer or some combination that leads to $.75-$1.50 with the more expensive one being the washer.

Incompetency issues are concerns of the elderly, if you can get a hold of the seller's estate planning attorney who did their will, and have their potential heirs sign off on the transaction giving their approvalIf you give full price for the sale price but you get your terms and have the note survive their (sellers') death I would get a new sales appraisal and a rental appraisal for research on the saleCreating a private first mortgage and selling the front end of the note (called a partial) is also an option for the home seller@Bill Gulley

The road to opportunity says first, get a job so that you don't starve to death, then make a plan and work it!

Most folks are likely to take longer than seven years given the current economy and the toll it has taken on many households. 12 to 15 years (roughly half of a 30-year term) is probably more realistic for most folks.The video does not recommend using a second-lien (HELOC) type of account, though I suppose that might work if the interest rate is advantageous, rather it recommends an unsecured line of credit.

Platting, zoning, engineering, construction, etc can run into the $10's of thousands also and can really take a financial toll if you didn't account for them. 

LOLBUT for all you married people in community states you CAN title your property so that there is a 100% step up on the death of one!

I would love to talk some more to no bore everyone in here to death.