The next level generally has the liberty to consider lower offers.If it is just a matter of your writing a full price offer the day it hit the market, it can be as simple as the REO requiring it be active for 7 days before response.

"they are good at giving reasons why they should be paid upfront something however (usually they tell us in will increase chances)"They are full of crap.Buyers are hungry for real lenders who can perform.If you are a mortgage broker with real lenders you will make plenty at closing.If people are looking for 100% loans and all this other type of exotic stuff it really doesn't exist unless you have a property worth say 2 million that you can get for 1 million but even then you have points and closing costs.It's all a pipe dream and buyers need to not fall for the scammers traps.They know these buyers are wanting to buy into a large deal above their means and "hit it big".They suck out the 10k to 15 they have or more selling a dream and then do not fund.

Marie says above is true: Bad things can happen to your interest in the property if the seller hits financial problems.The way the sale would work is you'd arrange a closing at at title company or an attorney's office.

If it goes to auction, you have no choice but wait for it to hit MLS.

Oh, and it's also an electrical permit.

I forgot to include this before hitting post reply, I don't think u want to run the risk of being a test case for the law in MD.

So we watched the news in 2008 when Lehman tanked and everyone said the world was going to end.......it did not, now the pundits keep saying, just about every month, real estate has hit bottom.....uh, right.

Exterior is finished, interior framed with plumbing and electric, needs insulation, drywall, paint, flooring, finish plumb...ThanksKevin

You need to find a good consultant to test it.Do it wrong, that the guy who quoted a cheap price may hit you with a huge change order, or sue over exposure!

John Stevenson I think you hit the nail on the head.