I'd bet the "They bought the call option that is now worthless" and "Too freaking bad" approaches taken by investors engaging in deals like this is why that law exists.I'd bet if you said to these buyers "you bought a call option that's now worthless" that they would look at you with the deer in the headlights look.Having said all of that you likely shouldn't have sold them an option to start with because the investment is not suitable for unsophisticated buyers.

I want to approach him with an offer.

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I've been approaching the listing agents (instead of using a buyer's agent) this time, with some success.I've been finding the listings off of sites like "Realtor.com" and then calling the listing agent.

I would wait until you get under contract, then establish the LLC and notify the necessary parties that the LLC will be the "buyer".If you did take your approach, I'd be certain to check with the appropriate state department to make sure the LLC isn't already taken.

Short sale of the pre-foreclosure is the approach to follow, as mentioned above.

It's a tiny bit of effort and cost, but it's incredibly valuable!!!

Pretty confusing stuff.If you have a relationship with that lady why not approach her with your concerns?

The client reduced a lot of his business debt and was happy to close given two banks he approached denied the loan.2.

Someone has approached me about purchasing a vacant lot (residential) they own.