Many investors will simply judge offers, be afraid to send in deposits or shy away from the contract writing process because they feel like the seller will not accept their offer.

Do I have to get this before marketing my property and/or accepting a sales contract with another buyer?

In a DOS event, the mortgagee is not obligated to call the note due and may do so, to some degree, at their leisure.  

If it closes at a higher price, you know why your offer did not get accepted, if it closes at a lower price, however it sales for CASH, you know why they were chosen. 

If Offer is over $50k; EMD is $1000,                         if it's under $50k the EMD is $500Fannie              10% of the accepted offer (yah, I know, WOW!)

More often than not, you will NEED a pre-approval letter from a lender before the seller will even accept your offer anyways.

Hold tight, accept other applications and decide which applicant is most advantageous.3.  

If a bidder wants to auction a property, and nTrustent accepts the assignment, nTrustent will perform the due diligence on that property and list it for auction.

Accepting of higher DTI or lower credit score2.

Note: My company will accept personal or business check/with ID.Know where your funding is coming from (a credit line, pre-loan commitment, seller financing, uncle Bill or Mom or your shoe box under the bed).Understand bidding position (where to stand).Your options with real estate (flip it, assign your contract for a fee, renovate and sell for taxable income, offer it on a Tax Deferred 1031 Exchange for equal or greater value, keep it for a cash flow income)?