I'm asking the question because I submitted an offer and the listing agent laughed at it and said I will not present any offer that is under $X.

I have accepted an offer with a buydown and am in contract now and my response to my realtor about the offer was simply that I was wondering when that was going to happen.

The payments typically are 1-3 years (but there's no real standard) and don't have additional interest added.Asking price: $280 Million (different currency than USD)Last year's asking price $250 Million (we assume the price increase is because of inflation)The owner doesn't seem in a hurry to sell and when we asked if he'd negotiate last year at $250 million he said no.I'd like to offer the following 3 options to see if any of these work for him:Option 1: 250 Million upfront Option 2:140 Million upfront130 Million in 6 months.

I got a job offer in the Northern Virginia area and I am planning to relocate there.

I've studied 100s of offerings, probably 300 or more. 

There are several turnkey companies in Memphis that offer everything in house from purchase all the way to property mgmt.

I believe the DLBA offers it to the next highest bidder.One other potential scenario is the winning buyer was willing to pay ~$100,000 for this house AND they are a city employee or has a relative that is a city employee.

The squatters institute a dynamic that you cannot accurately budget for, so I would be very, very conservative with any offers. 

It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.

Last I read about this issue, its been challenged in courts and I'm guessing their home owners insurance doesn't want to be embroiled in this; this gets into privacy laws, and it will depend on state specific laws but also could fall into harassment or even voyeurism.