Maximum debt-to-Income ratio 31/43 (up to 45 % multiple compensating factors)
$10,000 is not very much if you need to use it for the down payment and the closing costs, but with the right loan and (because it is a buyer's market) the seller con ... more
"Resale" just means that the home is not a new house. Somebody has already purchased the home, lived in it and is now selling it.
If by bids you mean offers, yes you may as long as you disclose to all parties that you have a pending offer.
Prudential California Realty
I believe I may have posted this to another thread. A resale is a home that has been lived in and being sold for the second time. Hence the term "resale"/ Hope this helps ... more