I met this guy who deals with disstress properties. He told me it was come first come, first served I did my reseach in the area when and took a look at some of the properties then I made my offer, but then he sends me an e-mail which i just got this morning, saying he needs to see proof of funds letter from my bank or lender and contact info to go with any written offers. At this point what do I do? Do I need to contact my buyer? If so do we need to make some kind of a contract since am the one who found the person selling and have already placed offers Or is it a loss for me at this point?