From reviewing some of the posts online I saw that there is a local REI meetup in Lake Forest this Wednesday evening and I will be attending.  

There are multiple offers on it, which all will be reviewed this Wednesday.

Get as direct to the source as possible, review the deal, make a new contact and see where it goes.

I'm merely proposing a solution to them as a way of helping their clients dispose of a financially or physically distressed in a somewhat elegant fashion.Below is the body of the letter. 

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site.http://www.biggerpockets.com/starthereSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"

Of course, that's the last thing you want to do and if they give you a hard time about deposit, you could hire an attorney to review the P&S and see if there is an escape route you could entertain.  

I'm looking for a Commercial RE Attorney in SE Michigan to review contracts for small apartments. 

He's got excellent reviews online. 

Hello All-Long time lurker here; I've been reading and soaking up as much as possible the past 2 years, and have recently come across my first potential deal.Background-  I have been discussing strategies and seeking ...

Hello All-Long time lurker here; I've been reading and soaking up as much as possible the past 2 years, and have recently come across my first potential deal.Background-  I have been discussing strategies and seeking ...