Hi BP, I have a two fold question. I have an opportunity to do a quick wholesale on a deal. I got a call on one of my letters from a seller and the problem is that the house has been vacant for many years. Also, the original owner has died and the house was left to the seller who is the trustee/beneficiary of the property. I have been out to the house and it does need work as I can tell from the outside but, I am not able to get inside to take any pics or make an assessments on inside repairs and the seller does not have a key since its been several years since the last time anyone has entered the house. How do I market this and what documents do I need to send to my attorney. She is desperate to sell before the end of the year and I want to help her. Any advice is appreciated.
If she is truly desperate to sell why can't you ask her for a key/permission to enter the home?
I always assume that the interior repairs will match and likely surpass the level of repair needed for the exterior of the home. Most of the big ticket items you can see from the outside foundation, siding, roof, etc. If there are issues with the roof there may be serious water damage on the interior.
Many serious investors are used to making offers on homes site unseen or "subject to interior inspection". That should not be a major issue. It just comes down to presenting the property to enough motivated investors.