Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done?

Features large 2 bedrooms with plenty of closet space, 1 and 1/2 bathroom in each side, new roof installed in 2014, large deck, 2 car garage, concrete basement ready to be finished.

I'm not familiar with your area but when rezoning properties near me offstreet parking is always the biggest issue (at least 2 cars per apartment). 

Pay off all debt except your house I like Dave Ramseys debt snowball method, sell your cars if they are financed and buy something cheaper for cash.

These are commodities, and every widely-sold brand is sufficient.It's just like cars.  

From opening a door for the person behind you, helping a stranded motorist with car trouble, or volunteering at a youth center the opportunities are endless.

He had tons of rentals, expensive cars and trucks, etc.

Only personal property that is movable (like cars, planes, furniture) cannot be 1031 exchanged.Much has yet to be defined.

So my question is this...Since he only agreed to sell the house 24 hours ago, and it's a standard one page purchase agreement (I saw it) but not a CAR form, doesn't my relative have 48 hours to back out?

Regarding parking, the garage is a two car garage, but we can actually fit 4 cars inside because of the depth of the garage, but only two bays.