For buyers in today’s real estate market it is beginning to be like back in 2004-2005 when there were multiple offers on one property. We now receive multiple offers on just about all foreclosures or short sales or any property Especially if the listed price is very low. I must say that for folks that intend to live in the property, it can be very disheartening going up against investors with all cash offers versus their need to finance. The important fact in this matter is that you have a knowledgeable realtor that is experienced in the area that you may be looking for a home or a condo. It is important when making an offer on a property that you make your highest and best offer first. Keeping in mind that the property must appraise if you are financing it. Cash buyers do not have to worry about an appraisal. I do not think that anyone wants to purchase a property over what the market value is today. Your Realtor will help you determine the best offer to submit by looking at past sales in the neighborhood. Remember it is always smart when purchasing a home or a condo to use a REALTOR.