It's really fierce out there: We're preparing to make our fourth offer on a house, and hopefully, something will go through for us. Each time we think we've made a fair offer over the actual asking price, someone else makes an even better offer the seller can't refuse. So, back to square one. One house we liked a great deal had a great big "for rent" sign in front of it soon after we lost our bid on it. Wish someone would do something to stop investors from making cash offers so that buyers who plan to live in the house they buy, can do just that.
I think we'll make that offer on the approved short sale and see what happens.