After he lost a battle with illness, the business is being managed by the 26 year old son.

Will all my funds be lost?

I've used this successfully in the past - but also lost a contractor who thought he could complete the job , but was too busy and ultimately walked away when he knew he would not finish in the time frame agreed upon.   

If a gut-out home is bought on the mls, the community had lost a revitalization opportunity.

Mother had been homeowner for years until husband passed away about ten years ago and she lost the home to foreclosure.

Although I lost the opportunity with that home, he did mention that it would not be a good home for a first time investor.

Secondly, seller financing does not add value to the property for a higher price, points made before can be searched as to economic value as costs of financing, last, the foreclosure section, equity lost matters is not correct, laws of equity apply.

@Eric WalletYou should tell us which state because every state is different..Bill of Sale should be notarized by both parties at the same timeIn Ohio it's usually title being transferred..Bill of Sale is used if somehow title is old and lost on translation..When your dealing with mortgages I would hire an attorney to close the deal..

Then there's the likelihood that I find another qualified tenant while waiting for the paperwork to be processed & the home to be inspected - this could tack on another $200-$500 to the total cost, as my Client could be receiving that rent from someone else while waiting on the local Housing Authority to conduct inspections.Ultimately, the Housing Authority would refuse to pay the bill for my services - or compensate my Client a per diem for lost rent.

And of course he is trying to explain that it would make it easier for him to move if you were able to save an extra $400 per month for a while, given all the money that he lost in the separation.