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!)

Good morning BP community , I'm new to the community but not to the Real Estate, so i feel right at home ,I enjoy the social network of BP.My goals are to start some long lasting relationship and learn all that i can because you can never stop learning in this bushiness .

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)?

Welcome to the forum/blog/social media/educational center :-)  Good things

NO house here sells for under 100% of value unless its a hoarder house or basically destroyed... what I find in your market is apprasials are pretty much meaningless.. the homes in the rentals areas are sold on GRM or acceptable cap rate or 1% rule pricing... not retail pricing were the ARV's come from.