Travis:We provided the engineering report (which was stamped by a Texas registered engineer, the stamp carries a lot of weight) to the buyer to give them comfort that the foundation problem, while observed in some visual evidence of settling through wall cracks at corners ect., was not severe and could be dealt with one pier.  

If you look at my body of work, my purpose in life to provide financial education for the inner city so I just shake my head since I advocate for underprivileged minorities.

Having the surveys done on each lot is pretty far down the list of things that need to be done when subdividing, here where I am at,  yes each lot will have to be surveyed, pinned, and plotted on the final plat at the courthouse, you have to decide how many lots and if the governing body will even approve the proposed subdivision. 

Cash has weight but not as much as investors think.If my seller wanted a cash buyer in that instance we would simply reduce the price down until we found one who would pay a premium.Example from 3 mill to 2.9,then 2.8 etc. and get cash at 2.7 to 2.6 instead of 1.8.ORThe seller could do a wrap with 20% down and sell for a much higher price.If you applied the 50% theory in some areas the property would be gone in a few hours at those levels.50% is like hitting a grand slam when most hit doubles.Depending on the area the 50% theory does not always apply.It is simply a guideline where other factors have to be taken in.

Does a verbal offer carry the same weight that a written offer does?

I would give greatest weight to the length of the hold.

I don't have a flip bone in my body which is why I purchased the first few in my portfolio from good wholesalers and spent 18 months in the market before spending a single dime.  

I know you can appreciate the weight that was lifted from me recently.

They hold a lot of weight.    

For example, a letter from the veterinarian or some other legit body?