If the property is only worth $75,000 and the buyer is trying to get financing to back his offer, it could very possibly fall through. Banks make sure to do an appraisal on homes they are lending for to ensure that they are not setting themselves up for another short-sale of foreclosure in the future. If you are not willing to offer more than $75,000 cash, just sit back and see if the deal falls through. Then the question is whether or not the seller will accept a $75,000 offer after having a $110,000 offer. Good luck!