And not worth looking further in to?

Let me know after a full rehab to you think its worth.

So I'm a new investor in the Oklahoma City area but I live in Fort Worth Texas so my info on Okc is limited.

@Allende Hernandez I understand the concept of what they are providing but I'm struggling to see how it's worth it.

The 401k may not transact in any way that provides a direct or indirect benefit to you.Simply "protecting" your property from development as you state could be viewed as a benefit to you.  

You'll have to increase the worth of your "dog in the fight," as it were.

(I think there is a law library at the Fall River Court)Usually the bank will buy back the foreclosure (because they are owed more then the property is worth) and then hand it off to one of their REO brokerages for listing for sale to the public at a market rate.

@James Jordan Here is the definition of transaction broker from the DORA contract. https://drive.google.com/file/d/0B1QWwFfpPTbkcW9DSjY3Mmp4VTQ/view

If the note is for 100% purchase plus rehab and then we do an after repair appraisal, is that something worth doing/possible?

As far as how much it's worth, of course they are offering lower than expected.