Why not consider it, JKB? I agree with the other comments and would also toss into the ring the fact that, if you buy it, that is $114K less that these folks are going to be on the hook for with their bank (barring a bankruptcy on their part). It puts them in better standing with one less major financial burden on their backs and gives the house to someone who's a good person. Of course, then you have to worry about what kind of clown is going to buy your place and move in next door . . .