Posted by Mitchell on March 02, 2002 at 14:39:25:
With the limited amount of info you gave, it is almost impossible to determine anything.
How much does she owe on the house you want to purchase? How close is she to getting mortgage lates on her credit, which she should be wary of? etc.
Offer 65% of the FMV or figure out the amount that you want to pay and submit an offer with weasel clauses like, contingent upon attorneys approval. Then, if she counters and after more conversation, you can counter with your real offer.
Consider offering to buy Subject to. If she accepts, you will know that she is pretty motivated.