When I come across these properties, it usually means the estate has decided to rent the property and continue to let the property appreciate.  

I wish you the best of luck and always continue to read and learn brother!

Widely varies. 

I'm a Broker of 20 years in AZ and teach real estate school and continuing education here, as well.

You need to decide if you’re willing to walk away from this deal if he continues to not budge - and is obviously lying too.

What are some creative finance optionsAfter we purchase our 1st property the goal is to reinvest and continue to purchase more multi family units.

I will be there,this will be my 4th notecamp and Everyone you continue to learn more

I couldn't sell it in time. after moving into the apartment and having this rented out we should only be paying 38$-100$ each month in "rent/mortgage". that's our goal. so that we can save money quickly pay off debts and eventually move out of the duplex and continue to buy more rentals. once we move out that house will be very cash flow positive and we will be selling said single family house unless we have a very good tenant but even then it's to be sold within 3 years or ill have to pay capital gains taxes thanks all!!

I'm tempted to let them continue the foreclosure rather than pay it because I don't particularly want the property and I've tried to sell it unsuccessfully in the past.

So, to summarize, there are various ways to value a property like that and the way you choose varies with the insurance company and how you want to be paid if there were to be a loss.