[quote=no_such_reality] . . . BTW, when I searched the other week of the very few homes that roughly matched our criteria, we’d already looked at and crossed off 1/4th of them before we bought. It’s truly sad as most of the ones we crossed off were equity sellers that are now locked onto a price they ‘got’ but fell out of equity.[/quote]
nsr, are you saying here that you previously made offers to sellers with equity? Those offers you made were not accepted in favor of buyers who were offering more but not as strong of a buyer as you, so fell out of escrow? Were these sellers then later forced to sell for less in a falling market or did they end up removing their properties from the market when their escrow fell out?
I don’t understand what you meant by the bolded portion.
