I sell a lot of homes in North Port and it is a hot market, great location. Many things come into play when bidding on a home. Will it be your primary residence or will it be an investment or second home? Is this property a short sale or is it bank owned REO, foreclosure? The reason I ask is that many banks will allow first bidding on REO properties to those who will occupy the home (primary residence) for the fist 10-14 days, if there is no viable buyer in that time frame, they will then look at investors or second home buyers. Cash can be a great negotiator, close faster, no financing problems. However, the comps on a property, by that I mean what similar homes have sold for, is key to the offer. I have been involved in many bidding wars on North Port properties under $100,000 because these go fast, many are wanting a great home at a low price in a growing community. My experience has been that these homes always sell for higher than the asking price unless there is a major problem, such as Chinese drywall. If you need an experienced Realtor to help you navigate the process, I would be glad to help you.