The sale fell through due to unreasonable buyer demands following the inspection - first time homeowner who essentially wanted a "brand new" 70 year old home.

For example if it is going to be a sandwich lease you have to leave enough room in case a tenant/buyer decides to bail on you after 2 years.  

In general there are fewer buyers for land.  

I located the buyer, he is flat broke and has no way of paying his loan payments. if a initiate a non judicial forclosure do yes the house go up for auction on the courthouse steps?

For example, if you are non licensed and receive compensation for referring a property to a buyer, but do not wholesale it and receive compensation inside or outside of the closing as a party with no real interest or contract on the property, what type of agreement do you use? 

Elliot Lamson I love the book Owner Will Carry: How to Take Back a Mortgage Without Being Taken by Bill Broadbent I started reading this book when I was 19 and it got me stared in the note business...and it’s great for rent to own just for structuring a sound contract and if you need a bit more of capital you can sell to note buyers

An agent that lives and breathes real estate, if they are knowledgeable or experienced  will be well worth the relationship and in most cases, as a buyer you will not be paying them. 

It also costs you nothing as the buyer to use an agent because the seller has already agreed to pay them a commission.

The seller wants to wait a couple more days for more offers because it has only been on the market a few days if your buyer can offer asking then the seller will take it off the market"I turned around and offered asking and now, nothing and I know het is monitoring the listing as he just updated it a couple of minutes ago.

I have one buyer to refer over.