In some contracts, it would be us to the seller to determine if they want to drop the price, and if so, the buyer is obligated to go through with the purchase (or lose his EM).But, these days, I'm often seeing FHA addenda that give the buyer the right to back out if the appraisal comes in low, regardless of whether the seller is willing to reduce the price.And yes, the lender is going to be fine with you reducing the price; all he cares about is that enough money is on the table to cover the appraised value.

Still seems like a pretty good deal to me IF she will finance.I have been working under the table for cash for the last 2 years and thought it was great til I went to check on financing.

Justin also makes some valid points, of course, since you bring other value to the table (wholesale deals)simple communication letting him know you would like him to do the extra's for you so you don't have to would be beneficial to you (saving you the time) and beneficial to him due to the extra value you bring to him.

Not that difficult, if the sinks laying on a table upside down.

We can't dictate what buyers come to the table with when we sell properties.

Suppose me and the end buyer dont meet up together at the table with the title/escrow person?

Using either of these systems ("value/register" or phone lead capture systems, or the database referral marketing) without the other leaves significant profit on the table.

Pls do not fall for the we have multiple offers on the table.

The properties on the lender's REO sites are almost always listed on the mls, and yes, you can wholesale these properties.Most of the banks will not let you assign your contract, though, so you have to find a way around that issue.I do a simultaneous close, where I use my buyer's funds to fund both transactions, so I do not have to bring a dime to the closing table. :)Steph

Andrew,When you refer to double closings, you are speaking about coming to the table with your own money to close your transaction, and then your buyer does the same, correct?