It's complicated.

If this deal is 'average' - you can still proceed - just know that you are doing so in part as a charity case.Second, it sounds like you're trying to come up with creative financial solutions - but they are much, much, much, more (yes, 4) complicated than your post suggests.

Raymond Waldo Most mortgages in CA are promissory notes secured by deeds of trust, and the foreclosure process would be non-judicial (trustee's sale).

It is difficult to talk on all points with respect to all states (title theory v. lien theory) and (judicial v. non-judicial).

Consider my remarks concerning bad advice under the circumstances Melissa is facing, no one needs false leads to chase or issues that complicate matters.

But I'm not sure how this complicates things as well.Any suggestions?

I also have only been calling parks that do not own any homes, as this complicates matters further. 1 or 2 is ok, but beyond that and my conversation ususlly ends!

We have addendum's on both sides of the deal to CYA but figured if I don't have to list it why complicate matters?

I don't want to get caught up in an overly complicated deal, but $5000 down is sizeable amount on a $77,900 property.

There may just be too many complicated variables to make this incentive successful.