Yes, I would agree with you're position, it can be hard at times to sell a home due to extenuating circumstances, not all candidates that come to view a home are able to get a mortgage. When time is of the essence in real estate sales, time is not on you're side. So if taxes and mortgage become due, and three months have run out, the home owner that has the burden to pay, must forgo and give the house to the bank. Sadly, situations that homes fall to short sales, or worse end up being foreclosed on, are then put back on the market, and flipped. Which can mean a contractor or people that have funds saved can make a good investment, and will still have review all costs attached to the title that have not been paid. The perspective home buyer will still have to come up with at least 20%, plus other unseen expenses that may not be clear until foreclosure company identifies a buyer as a good candidate with appropriate credit to move forward. Also a housing inspection should clarify the necessary updates and other problem areas that may need to done before the perspective owner decides the investment is worth the it.