They may look at this as a step transaction. 

And if you are not one of the (0.02%ers), your not effected, so the AB Trust is outdated anyways.What you really need is a modern up to date estate plan that focuses on current modern wealth destroyers.

In most states working with pre-foreclosures are sophisticated transactions that must follow specific laws and guidelines.

Supply under $300k has increased a lot in new homes and transactions around $200k seem to be on fire.  

Effectively killed my one-man gig and forced me to take a job with insurance. 

As far as mobile homes buyers dnt hV to pay a premium, usually so cost effective wnt matter as much.

This should be two transactions...

@Connor Swanson  Usually, with a subject to deal you can offer a higher amount than with a typical wholesale transaction. 

Order a title report, set up escrow, write out the details of how you want the transaction to go and have an attorney put together the paperwork.Another option is for you to buy the house for the amount owed with a carry back from him of the equity you want him to have.

I always tell people....I do more work for free than any other job out there, because we don't get paid unless there is a transaction that takes place.