All good answers proceed me. I will offer this comment
Agree. It is the Wild Wild West of Shorts, foreclosures, and bank owned. Best advice, Highest and Best offer, have an expiration date for the offer so that you are not locked in long term and can quickly move on to the next. Earnest Deposit due upon acceptance of offer and the higher the better.
Try not to get your self into making multiple offers, that may come back and bite you. Trust your Realtor and work quickly. Make sure you are getting your offers in right away, you should be on auto emails for the newest available listings. If not give me a call and I can set you up. Your diligence will pay off.
Let me know if I can help...I am easy to find.
I am not a secret agent, just a good one. Good Luck.
Realtor*Moving You in the Right Direction