Trying to buy a home from an estate - Need adviceHave found a property with "potential". The deed is still listed under the deceased owner's name. Prior to her death, she took out a large loan and a line of credit. The total debt is around 650k. Even at the peak of real estate values, it was never worth that amount. The property has now been vacant for two years without utilities. We would like to purchase the property, but have been unable to do so. A local law firm is acting as trustee. They can't provide information due to privacy laws. The bank that holds the mortgage cannot do anything until the property has gone through foreclosure. Have tracked down the administrator of the estate, he would like to resolve this issue as well. The property was due to be auctioned, but it was postponed; probably because of the large amount of debt associated with the estate. My question is this: Can the administrator of the estate or the trustee sell the property in a short sale and avoid foreclosure/further delay? A short sale would allow us inspect the premises prior to purchase for mould, leaks, etc. instead of purchasing a black mold nightmare or something equally unappealing. Not sure if this house can go another six months without utilities and some TLC. It would be a shame if it had to be demolished. Btw, the property is in Georgia.August 05 2013 - Atlanta00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.