BP Novice (encourages people to get out of the free zone quickly)BP Pro (builds credibility but not dominance)BP Expert (currently Pro, further builds credibility)BP Elite (indicates a level of greatness so high, it hasn't even been created yet)

Professional bidders dominate auction purchases because they can absorb losses if the unthinkable happens.

A key indicator of how hot/cold a market is would be average days on market (DOM). In

And, as @Suzanne Player suggested, will he entertain a 15 year balloon amortized over 30 years, which would maintain the $600+ savings per month from my initial reply above?

My favorite post-closing question to the seller, a big player out of the Bay Area: "You got any more TD's like this situation?" 

One of the players that helped me track down an owner said they try to collect up to 40%, but if Wayne is correct, maybe he had his states mixed up. 

Glad to see the ladies making moves and being big players!

Learn more about the players.

This is why I invest in smaller markets that don't have to worry about these massive players. 

Account ClosedWow, didn't realize big players were doing this too!