For myself, I have no car, no one who can take me to town to get my mail. 

If I should live at the property it would take me an hour to get to work and I don’t have a car.

I don't really have any credit card payments (as I pay everything off monthly) and have a $700/mo car payment which I am getting rid of.

If asked for information, I'll provide it whenever and wherever it's asked for.If an appraiser calls me on the phone and I'm in the car, I'll rush home to get him the information as quickly as I possible can.

My problem with it is if I tell the broker my offer is 1 million, the price is fixed in the seller's mind that he or she is getting 1 million based on whatever knowledge you know.If you get the financials after you put in your offer only to find out that the property is worth $750,000, much harder to reason with the seller.I want to test drive the car before I put in a serious offer.

So how much is your w-2 income and your total mortgage debt/car/credit cards?

Yeah..ok...And all teachers should have kids first...All doctors should have lots of medical issues before they can practice....All dentists should have lot of dental issues before they can practice...Every waiter should owner a restaurant before they can wait tables....Every car salesman should have bought multiple new cars before selling any....I get your point..... it would be great if every realtor had to have real life home ownership under their belt, so they have that BTDT experience..... but not gonna happen

With the would-be homeowner you're more likely to have a court force the sale.I'm guessing what @Jerel Ehlertis referring to in TX is based upon this doctrine.Thanks Tom, but while I can understand how the doctrine would apply for say the purchase of a common car, where for the amount of money the car would cost, the plaintiff could go buy the same make and model from someone else. 

I restore old muscle cars. 

I owed 3 months of child support, recently divorced, back home living with parents, driving an old car with over 100k miles and had been recently fired from a job.