Yesterday I had the unlucky fortune of being beat out by another offer. Multiple offers even today are not uncommon. On many listings there will be several offers, but not all of them solid. In this instance, my buyers wrote a very solid offer. 20% down, great FICO scores and we were less than $15,000 off list.

Well out of now where comes an all cash offer, bidding on the same listing my buyers want. And they came in a little higher than our offer.

What was unusual was the offer was ALL CASH.

The bottom line is that there are some VERY strong hands out there ready to purchase property.

Which leads me to my next post.