[quote=bsrsharma]I found from experience that agents don’t like to make low offers that have a small (even tiny) chance of being accepted. But that’s where the best deals are: low offers + cash + no contingencies + fast closing.[/quote]
You probably worked with the wrong agent then. My agent, SD Realtor, submitted plenty of low ball offers for me. All of the low ball offers had very little if any chance of getting accepted. He also worked with me for over a year. So, there are honest agents out there, you just have to find them.
I totally agree with Ox’s assessment. The market is crazy right now. Don’t enter the game right now unless you’re ready to play ball. 10% down isn’t all that much. 20% down, no contingencies and extreme fast closing still isn’t good enough right now, unless your offer is also the highest. Many if not all REO are priced extremely well to get multiple offers, so you have to be ready to bid.
