The question is, can I acquire it at the auction and retract my counter offer for the short sale an hour later?

hate to give this place up because it's a one of a kind property in a very desirable area and I'm thinking it could do well as a VRBO.In a nutshell, it's a 4 Bed, 3 Bath home on a little over 2 acres with:Indoor Pool and Spa with Retractable Roof.Separate but connected Diner / Malt Shop with Fridge, TV and Stereo.Huge Game Room off said Diner.The Game Room is actually a oversize 4 car garage, but it's fully finished, fully insulated, has it's own central heat and air and a full bathroom.Prior owner used this portion of the garages as a showroom for his car collection, we use it as a huge Gameroom.This gameroom has a 65" HD TV, Stereo system, Regulation Pool Table, Professional Quality Fooseball Table, Professional Quality Ping Pong Table and a low end Air Hockey table in it.House also has a 3 car attached garage and 4 more garage bays in addition to the 4 bay garage area we use as a gameroom.There is also a horse barn on the property, but we use that just for storage.Home is near major highways, major shopping, dining, entertainment etc. in the city of Lucas which is North of Dallas.I've seen VRBO homes in Allen that are in the mid to upper 100's per night that look like they are doing fine - I'm basing that on pulling up their calendar and seeing the days they have booked into the future.

New judge considers both arguments and orders mediation.2008: At mediation, "EC" retracts his prior story, mediator tells him this is the only case where the client (me) has been more in order than the broker.

BTW - many tripods let you retract the rubber feet to reveal a metal spike for use outdoors. 

I'm just trying to find a way to retire as fast as possible with no debt and plenty of money to live on without working, so good cash flow is important (to pay down debt or make further investments) and so is appreciation (or at least not retraction) so that I don't run the risk of being under water and losing everything. 

Well, unless it's been accepted, you can retract an offer.  

So I'm holding firm at 85k, and retracted my origin request that they pay half my closing costs.

The tenant thinks the door should have stopped and retracted. 

If you've made an offer and it has not been accepted yet, then retract the offer.  

They might not be willing to retract their plan with this unit as they've already waited a year to get it done.