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<blockquote data-quote="Jabberwockey" data-source="post: 671690" data-attributes="member: 18238"><p>We accepted their counter. If they take the other bid and the house comes back on the market within a week, which is what I believe will happen, we will put in our bid with a letter informing them that their vaunted cash bids keep backing out once its under contract. this will be our LAST bid, take it or leave it. We will not bid on a foreclosure again after this.</p><p></p><p>The cash buyers almost have to be flippers trying to get the price down in order to increase their profitability. If the government is too freaking stupid to realize this then its their problem, not ours. We have our eye on another piece of bare land that we could build on and has more acreage.</p></blockquote><p></p>
[QUOTE="Jabberwockey, post: 671690, member: 18238"] We accepted their counter. If they take the other bid and the house comes back on the market within a week, which is what I believe will happen, we will put in our bid with a letter informing them that their vaunted cash bids keep backing out once its under contract. this will be our LAST bid, take it or leave it. We will not bid on a foreclosure again after this. The cash buyers almost have to be flippers trying to get the price down in order to increase their profitability. If the government is too freaking stupid to realize this then its their problem, not ours. We have our eye on another piece of bare land that we could build on and has more acreage. [/QUOTE]
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