It is legal? There is no binding agreement unless the seller accepts in writting your offer. You could have offered $300,000 but the seller didn't like you, and the next offer was $250,000 but the seller liked the buyer and sign off on the accepted offer.
David Cooper. Las Vegas Foreclosure Investor in Bank Owned Cash flow Houses. FReee List +1-7024997037...
not a real estate agent. ask about limited partnerships... more
Investors say cash but really its an open line of credit typically used by big money buyers who literally are not using cash, but do not need a financing contingency. It is all cash at closing so cash discount is not as great as many people think.... more