The ARV is $145k, thus the reason why I'm looking at Sub2 instead of wholesale.145 * 70% = $101,500 - $7500 in up dates and repairs.

If so we would defiantly feel comfortable moving on the deal before the auction date.

And we have the property scheduled for termite tenting on July 30, the first available date our bug guy could schedule.  

Having to extend a closing date in order to get the rest of your funds is very stressful.

I've added that I would like them to contact me by X-date to discuss options and that if I do not hear from them by X-Date, I plan to escalate this through proper legal channels.

I think that there was probably just one solitary bug introduced to the house, as only one dead one was found, in the general area the tenant was sleeping at the time.

"If I could pay cash and close at a date of your choosing what is the best price you could offer me?"

Let's try to set a date and then we can work on the details for the Northland Meetup.

YESNOMAYBEAsking Price NOTESRENT RATE (Check Rentometer.com)Made an Offer (Making an offer over the phone is tough depending on what market you're in and if it's a FLIP lead or a Buy & Hold)YESNOACCEPTEDREJECTEDMAYBEAccepted OfferSeller's Schedule to Visit (Notes)Date to Visit PropertyWho is Going to PropertyEstimated RehabMAO (Maximum Allowable Offer)Sent Purchase AgreementLead SourceDriving for DollarsBandit SignsProspectingWholesalerProbateAbsentee Owner

The buyer of a property, or an option to buy the property, may have an insurable interest in the property.The key thing to look for is the date of loss.