Common unforeseen circumstances include, but are not limited to, delays in getting permitting or scheduling an inspection (though an expeditor may assist with this or a third-party engineer if that's permitted by the locality), the quality of the GC/subs/vendors and whether there is transparent and timely communication and conformance with the plans drawn up by the architect/engineer, zoning issues, setbacks/variances, what materials to use for the new builds (e.g., are you going to use cinder blocks or poured concrete for the foundation?)

@Paul Ellington I agree with what you, @Heather Skowronsky & @Sudhanshu Singha have recommended - that my parents are better off selling to a third party and attempting to get market value for the property.

Please do not comment on the legal aspects of it since both parties are already working with their attorneys.Property: Fourplex flat (two 3-bedroom 1-bath, and two 2-bedroom 1-bath with fireplace)Condition: Average, no major repairs expected.Location: Nice area; B-class neighborhoodLocation: Multnomah County, Oregon (not within the City of Portland limit, so less stringent on rules and regs.)Price: $600,000Down payment: Negotiable but I’ll probably put $5,000.00, maybe less.Terms: Seller financing using “Subject To” plus another note for the remaining balance.Seller paid 25% down on a $556,000 purchase price a few years ago.

Vegas is driven by CROWDS, and people will not be jumping back to big crowded environments so quickly and I can't picture people at nightclubs and pool parties flirting with masks on LOL Gambling is driven by excess capital, it's hard to say how that will be effected here but with many locals out of work the casinos will be reliant on tourism which I think is going to be a while recovering. 

The hardest part is walking to the mail box and pushing that little red flag up. 

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

I'm guessing that interest rates for this would be 3.75 - 4% owing to the cash out part. 

That can be a problem itself since your not a party to the original mortgage or the foreclosure. 

That part is about them, not the house. 

I have caught many mistakes over the years in recorded documents basically in real time (there's sometimes a lag of a day or two before recorded documents appear online), and forced the mistaken party to correct the mistake.