I bought a home on a contract but the seller died leaving his family to manage his estate. They mentioned seeking info on selling the note to a bank. Does anyone have experience in this department as to what that bank may pay? What would be a reasonable offer for me to try to buy it out myself discounted from my current balance? I have 28.5 years left of my 30 year fixed 4% rate and owe 243k. I think the property may not be lucrative to a bank to buy as it has a manufactured home on it and the title is not eliminated. Because of this no insurance is required on my part either. Also it is not required to be my primary residence, I have it as a rental. The tax assessed is equal to my purchase price roughly 285k. It is not something i can easily refi and cash them out with due to it having a MFH being older and not title eliminated. My long term goal was to build a new house, but then lumber went up so that is on hold. I would love to be able to cash these people out and offer close to what a bank would buy the note for. Any advise?