Some buyers that are very qualified to purchase a home are having difficulty with getting a bank to accept their offer. Part of the problem is that banks only want to payout no more than 3% of a buyers closing costs, even if their loan program allows for much more. Today one of my offers was rejected for a lower offer on the basis that the offer that was accepted had more of their own money into the transaction. Banks do not want to have these properties come back to them as foreclosures in the future so they are looking for a financially committed buyer today. Buyers are also competing with cash offers from investors, in today's market cash talks.