Doesn't this imply that 99.9% of the people you are desperately chasing are NOT motivated? 

I ask them if they can overpay and are they the person I can make a lot of money on (since they are essentially feeling me out to see if I am a desperate seller).

However, that opens the buyer to some risky exposure.I'm seeing more people post that they are now in trouble because they did a Subject To, didn't have complete knowledge, won't admit to who trained them and are asking for desperate help.

He was desperate and asked me to store for him.

And with masses of "noob" starving agent's out there begging for listings, any listings, well why not use the desperate ignorant agent's to "fish" for a stupid ridiculous sale price, who knows. 

When you see those, make the offer through your agent....if your offer is accepted WITHOUT a counteroffer, I would actually be worried.....it means your offer was to high/and/or the seller is desperate.....if they counter offer, work with the agent and then get it figured out.....MAKE SURE YOU GET A HOME INSPECTION.......that will tell you what really needs to be done with the property and it will prevent you from having to keep flying out there.You'll be fine Kiki....the key is to take the first steps.

Even then I'd probably list on the MLS for a while first, unless I was desperate and needed to sell immediately and didn't mind selling at a steep discount. 

There are way more people with bad credit and who haven't broken any law so if there was some sort of desperation around housing they would address that group of people first. 

Meanwhile after the talk the newbies, the always believers, the desperate, and the just plain stupid we’re fighting to get to the back of the room to spend their money and sign up.

So with a binder used this way, the new buyer has title insurance, but the seller, unless they purchase an additional policy, does not.Real life scenario: purported owner of vacant land is desperate to sell off market to a flipper who gets the lead on their web site.