It had distressed sellers, had major issues that prevented buyers with loans from bidding.

Smarter people than me have already recommended a POA, which seems like the best way to prevent this from happening again.

I purchased a property at the tax sale in Alabama. I found out the owners are deceased and I don’t know who the heirs are. I got a call from Innotion Enterprises saying that they need documentation from me about the t...

Hoarders can be difficult to move -- they tend to have personality traits that prevent them from committing to change.  

Are there any other forms that I need to be aware of or any action I must take to prevent any lawsuit?

Both Seller and i would prefer if I address them after closing, but I'm wondering if the issues would prevent a conventional loan from being a possibility:The deck is definitely unsafe and needs to be torn down.There are three moldy ceiling tiles in a storage room that is NOT part of the heated living areaThere is some water damage in one of the basement bedroomsThere is some evidence of some termite damage in one room but appears to be inactive/not extensive.Does this sound like a conventional loan, as-is sale deal killer? 

That will prevent some confusion with your loan officer.

A simple clause saying that "losing party pays all reasonable attorney fees and associated costs" can prevent someone from filing a frivolous lawsuit. 

We have it annually checked and treated for termites now as preventative maintenance and haven't had issues since.Termite damage doesn't have to be a deal breaker, but definitely do your research and take care during your due diligence period.

The reasons why you have bad credit will also prevent you from being successful in real estate.