On the other hand, I recently sold a house that received a lot of offers. Only one person actually had the down payment money. Everyone else's loans were approved, but most were people were coming with low cash and lower income than I would have expected. Some looked like irresponsible loans to me.

When I was a whippersnapper 15% down was considered pretty low. These days you can get pre-approved with less than 10% down and no validation that your downpayment isn't a loan itself. Kinda crazy.

Why would I tie up funds in a mortgage where I can make more in the market with those funds? Just have to make sure I actually put my funds into the market, heh...

Mind if I ask which state? I'm asking because I live in CA and all I keep hearing is people being outbid and some times with cash offers.

This was in Colorado. The market's hot, and I think that's in part because people are afraid that Colorado is going full California on real estate. They want to get a piece while they still can.

I don't have any experience in this.

When you sell a house and the buyer is paying via mortgage, do you get paid cash by the mortgage company in full (the purchase price) at once, or do you receive a monthly amount from the mortgage company that sums up to the house price you sold for?

Why would you be involved in their loans at all, if you're the seller of the house? How would you know what they were putting as down payments or what their incomes were?

I was given the information to help base my decision on which offer to accept. The idea is that the better qualified buyer has a better chance of actually closing. I thought it was a little strange as well. Each of my offers came with details about their financing, and in a few cases, the buyer's income information.