Had a lady try to sell me a house for 35k and she told me over the phone she's a contractor and that this house will need 5k grand, no more to rehab.

Then all of a sudden I got an email to sign a Hold Harmless Agreement, so just to make sure I decided to snoop and ask neighbors and the lady at the city if they knew of any other litigation.

The power of attorney is the daughter of the owner who is an old lady.  

The lady who owns it and lives there bought it from the bank 30 years ago when the builder couldn't finish the house.

The example that always comes up in Continuing Education for brokers is the lady on the street who is offering her neighbors a $500 referral fee if they find her an unrepresented buyer. 

He was a "hypnotist" and he would take a lady out of the crowd and sit her down at a table like they were on a dinner date, and start talking to her just normally, then yell out SLEEP!

Here's how it worked:I bought a house from a lady for $94k.

allcash, wesley:Thanks for all the information and it was quite useful...now I know how to inform the lady.

It's not for sale but I checked the assessor and the lady who owns it has 19 other properties and is 85 years old.

If it is 700 and you've told others or plan to tell others that that, then you may want to tell this lady the same thing as to not trigger any fair housing issues.