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if hes really never ever gone online with the thing (which i find a bit suspicious since he was selling it now...the number of used xboxes on the market in the last month has gone up by...well i dont know how much but a few hundred percent for sure since everybody is selling their banned console) you should be good, but if he connected to xbox live even once in the past few months (he didnt have to play an games online, just browsing the live section, downloading updates and such) theres a chance that the console has been flagged.
You could always give that method in the link i posted a try to really make sure.
Also, there are mod chips in the 360s? i have one in the old xbox, but i thought that all modded 360s just needed a dvd firmware patch to play backups and imports.
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