I have offered on a bank owned home and finally just accepted the 3rd counter offer from the bank. My realtor faxed the papers I signed accepting their offer, but we have heard nothing from the bank. When speaking with the listing office, they told my realtor that the offer needs to be looked at by high management to see if they will accept the price and that the counter office were made by a person a step down from the high management. What is the deal with this, do I not have a signed agreement? I feel like I am going to lose this house, my realtor tried telling me if he called and wanted to show the house they would tell him it isn't available and already has an offer they're working with, but when I called the listing agent and acted like a potential buyer, they gave me details and said the property was definitely available. Is there a chance I can lose this property and anything I could do, seeing as I have a paper with an accepted counter offer, or does it mean nothing?
Load, I would suggest that you do not have an accepted offer until you have a fully signed contract between you and the seller. Banks to move on their timeline so chances are things will work out for you but until they return a fully signed contract you do not have a solid deal. I wish you much luck!!!
Didn’t find what you were looking for? Ask a question!
|
|
|
|
|||||||||||
|
|
|
|
|
|