In the past 2 days I have picked up 2 more new buyers with net worth exceeding 10 million.If you are a buyer the deals are there but you can't play games.

We are in a white hot market here so I was not surprised to get a full price offer in 5 days...however the buyer backed out and then I found out that he had 3 other offers in on other properties...I do not understand this...we are NOT talking about REO and flinging out offers hoping one will stick but full price SFR on the MLS...found out later the buyers agent was aware and it must be frustrating to her as well...maybe the buyer thinks he can play sellers off each other and get someone to come off their price but not in this market...as I said it's a hot market...just irks me the property was tied up for 10 days...another seller told me the same thing had happened to him ...next time I will ask the buyers agent if the buyer has made any other offers on other properties...if it's a seminar trick I don't get it !

Obviously you would probably get better terms financing it with residential, but I am curious if the rules of forced appreciation still come into play when financing through this method. 

Cheers

Anyways, I hope that you get a chance to play around with your keyword alerts!

:)Cheers

Cheers!

But im going to follow up with him in about a month and see if he wants to play ball 😃. 

@Todd Plambeck:I have seen this play out several times over the last year.

Cheers guys!