Each step you take reveals a new horizon.

Since I now have the inspection report, which revealed additional problems not disclosed by the seller, I'm considering revising my second offer.Would revising my offer be in poor taste?  

You obviously need to get inside and see what horrors, or not, the interior reveals.  

The information you have provided does not reveal any unethical activities. 

As you can see, sometimes the bank's max bid is revealed, sometimes not.

In selling property they own, or in which they have any interest, REALTORS® shall reveal their ownership or interest in writing to the purchaser or the purchaser’s representative.

Sometimes they will reveal this max bid, and other times they won't.

Make the option based on seller and/or other financing don't reveal the FHA.There are many other methods you can use but this one is the cleanest at this point so why not give it a try.

Spot-checking it revealed that it seemed to be pretty darn accurate so I decided to go where the market is rather than where I wished it was. :-) I am looking into Kansas City now which seems to have a lot of potentially good deals.

Let's see: this is your 3rd post, you don't reveal your last name and you upload your favorite college's logo.