Their problem tends to be verifying it using conventional methods.

Flat market, with lots of inventory available.

Vegas Gal,There are three stages in a real estate downturn:1) Housing inventory increases (days on market increases) - this is where Las Vegas is now.

What you come across with alot of these developers is a situation where inventory is not moving as fast as they would like and they need to move onto the next project.

I'm not sure conventional financing would work, so you might have the same financing requirements on your buyer as if you were double closing.If that were the case, doing a double closing would be simpler and easier.

Now that we are in the bust period, inventory is very high and prices have started to drop.

The excess inventory that has built up in some of the larger markets will be absorbed over those quarters, particularly in Florida and Las Vegas as their population growth rates are very high.

While there seems to be plenty of inventory, pricing doesn't reflect a buyer's market.

I am told listing inventory is up when just a year and a half ago it was hot, hot, hot.

The condos are closer to inventory that will be sold off.You might consider holding some units as a rental for 1+ years before selling.