Anything w/ a higher ARV and you get into the Garden District and certain parts of Uptown, but even in gutted conditions don't even think for a second you'll get anywhere near $50k.

I'm no lawyer, but I'm going to take a stab on this.

I'm betting my real estate lawyer is smarter than their lowlife, legal aid, scumbag lawyer!

Especially for the OP and a "historic" home, the condition of the flue is likely poor at best, with missing mortar etc.

Also hook yourself up with a hungry realtor, real estate lawyer, etc.

There are also lawyers involved who are very familiar with the act, and know what's required.Jon

If it stays on the market then consider a fresh offer (the same or lower) later.It could be that the people who will handle the paperwork and will actually approve the sale are unclear as to the condition.

When you stop talking about a specific deal and you start talking about pooling funds with others you might have crossed the line.Security lawyers are expensive.

I'm going to continue to do some research and probably talk to a real estate lawyer and see what the worst case scenario is... but if anyone has TX experience and can chime in, much appreciation!

That implies a conditional payment based on the buyer and seller completing a deal.