I submitted some paperwork and tomorrow have to give a deposit with POF.

The loan officer said that could be the cause if the majority of the work is not done upfront, like getting all the documents up front.

So I am in a situation currently where I put a "strong" offer on a duplex that previously had an offer on it.I heard back from my buyers agent that the other offer was comparable and they are NOT giving me the ability to submit a higher offer but keeping my offer as a back-up.

If so, I'd recommend they take care of it, and then document it, and file it for later so you can show the conversation.If it's more than just the clothes - I can't speak to your obligation at this moment, but you'll certainly have one later if the tenant raises mold concerns.

It is so important to digest all the facts, strategies, opinions you can into a document that allows clear and concise understanding by the capital partner.  

Definitely going to want to have everything documented in a legal agreement so objectives and deliverables are clearly defined.You might even connect with someone on BP that's local to Lincoln.Best of Luck!

Figured this is my shot to get involved, so i contact the bank directly mind you this is a local bank 6 branches tops in a small area of southern NJ, after talking to a few people I'm now talking directly to the assistant vice president, so I've been talking to him since April, explained my interest in purchasing the property and willing to submit an offer, he tells me they are still working on this and it's not ready for sale yet, every few weeks i call and ask when is this property going to be available the answer seemed to be the same "we are looking for a listing agent" or "Probably going to be listed by the end of the month" after months of endless phone call i contact him again in July, suddenly his realtor listing soon to come talk had changed and his exact words were that the bank had considered taking offers!

That being said, before buying make sure you vet the condo association documents or the HOA documents.

The agent knows I don't have a real estate license and responded that since I'm representing myself that he would like me to submit a CAR contract.

In this you would be wise to work with your accountant to use documentation to memorialize your intent to "hold the property for productive use in business trade or for investment".