I think, besides the fact that it was winterized and needed some cosmetics, it was because it started out too high, got stale, came down by increments, low bids were rejected, people forgot about it, and then they took my low bid.

would have to give up her benefit.Even if they otherwise meet income and other criteria, can I reject them because he basically told me they are gaming the system at best, if not committing outright fraud?

It was rejected.

If you are trying to get a complicated loan through and the stats seem to meet the requirements of the selling guide, but you officer is telling you it was rejected, ask to see a copy of the DU findings report.

I had given him a cash offer which he rejected then I made a higher lease option offer which he also rejected.

Defects that should have been discounted or created purchase rejections.

@Sam LoCascioI am always hesitant when a person is asking about a home that they are going to live in as these tend to be more personal than an investment property First off keep in mind that the extension only gets you 15 days for $375 and you can do a maximum of 2 extensions($750)I would not recommend changing lenders as this could cause more delays and jeopardize closing even with the extra 30 daysSwitching to FHA will more than likely require a new appraisal by a different appraiser since it would have to be assigned through the pool(Double Check with your lender) which would require the utilities to be turned on again at your expense($$$$)Since you are bidding almost 10% above asking, you should consider letting the mortgage company reject therefore getting back your earnest money and rebidding with all your ducks in a row. 

If your offer is way under the BPO value, they will reject or counter to meet or come close to BPO offer.

(check 91011 zip code)I received a call from a buyers agent offering $1.4 million in cash, then increased to 1.435 when I rejected the first time.

Now, I follow up on the property after a rejected offer.