Normally I would say defer to your Agents Broker and maybe I should stick to that but something doesn't sound right here. Is your deposit with an escrow company and have you called and verified the $7K is in an escrow account? This would put it a little bit more in prospective.
A short sale should not take that long in this market unless it's once of a few banks who are hard to work with but by now I would think you would have some sort of movement. Was the house listed in the MLS? Are you seeing homes in the area selling for much more than you think you are buying the home for? What is your situation with your lender? Have they gathered your documents etc?
I would be happy to look up the property and make sure its on the up and up based on what I can see but some of the things above look like red flags. Are you living in the house?
My email is bruce@eCurbRealty.com
Maybe the next step would be for you to contact the agents broker but first call the escrow company to make sure your deposit is in their account.
Realty World eCurb REALTORS... more
It depends on how much power you use, just like any scenario. Gas is cheaper than electric and the utility companies are SMUD and PGE. Electric for my 1600 square foot house is $150 when running AC, gas is $30. Water and garbage are $70 a month.... more
Yes we can, yes, yes and yes.
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
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The seller makes the final selection. In many cases, they will counter both parties, maybe even some lower offer buyers, stating that they are in a multiple offer situation. The buyers are given the opportunity to provide their 'best and final offer'. They may decide to withdraw their offer, leave it the same, or increase their offer in terms of the attraction based on either price, terms, or both.
When it comes down to it, most likely one will look more attractive to the seller than another. Sometimes the decision is based on their confidence to close (that it won't fall out of contract) and not just the price/terms.
Hope that helps.... more
That depends on the appraiser and the comps used. If the 3 other comps each have a 2-car carport, there's no value difference. I've seen a $10,000 difference on some appraisals where a 2-car garage is compared to no garage.... more
I just looked it up in the MLS, and it is not listed for sale. If you would like some information on previous owners, or appraised value, I could find that for you. I am with Keller Williams, Folsom. I live right next to Orangevale, and am familiar with the area. Let me know if you have any other questions. I'd be happy to answer them.