This house is probably beyond repair and is really a land play to build a new home or a duplex.
The land assessed value is $2,000. We have local contacts that will quote tear down services between $2,500-$5,000.
We are marketing this contract for purchase. We hold an equitable interest in the contract. We may choose to assign at closing, or, double close. The price includes both the contract purchase as well as the original price to purchase the property. Regardless, the closing process at the title company is the same. We have opened escrow and will deliver the title commitment for your review. We intend to purchase this property whether we sell the contract or not.