Posted by Bud Branstetter on April 13, 1999 at 13:14:48:
It is not that I would offer any more or less and it may well be the cash offer in a multiple offer approach. The seller may well take the offer depending on his equity position. But as reality has to come in there are fewer of these in a sellers market. If I were the only one that was interested I may get the property. But the seller usually does not have enough equity to not get a good portion of it or he is able to market to homeowners who by definition, if they can get by the mess, are willing to pay more. If I can get it I’ll take it but I may go hungry waiting for a lot of these.