I would expect that the door knocking efforts won’t last more than one or two afternoons; after that the toll of the rejections, not homes, denials and outright hostility and low success rate will win out.

Find out, if you can, the seller’s motivation.Are they taking a CalifiorMoving, Death of Spouse (survivors have two years to claim the $500,000 exemption), Long Term Care, Needing a Handicapped Friendly Home, Downsizing, 1031 Exchange, Job change, Medical reasons etc.!

In a similar inheritance situation, we had the choice to leave a seasoned mortgage in place, as there is not a due on sale when title (ownership) is transferred through a death certificate.

I'll just call it Death Pledge from now on.Thanks Kevin and Bryan.

He didn't have nor make a lot of money, but he received about 10k from the death of a family member, so he used that to buy a 2bd/1bth home.

I don't think anyone would want to be responsible for the death of a family because they failed to upgrade an electrical system.Good luck and I hope that the current owner thinks seriously about upgrading the electrical soon!

I have been checking out a few providers for local and toll free number services.

I want to reach out to a local investor who is currently or has invested buying directly from the Online Auction site Broward.Realforeclose.comI am interested in purchasing from here but quite frankly im scared to death.

The biggest emergencies in life (ie, the death of a loved one, caring for a family member and the unexpected loss of a job), all require that you have enough cash reserves to pay for expenses incurred outside of your main residence. 

The after reno value of this property,without a death in the home, will be around $400k.