If your offer had no contingencies and was all cash, that is a head scratcher.
However, if you required financing, and the listing agent knew of problems that would have prevented financing, that could explain what happen.
Seems you have your answers here....and they all make sense. I just wanted to wish you well in your home search. I find that sometimes it does take a while, but it will work out.
, and I offered more money.
Again, thank you for replying to my post, I just think there is more to this then is meeting the eye.
There is a great demand for REO properties and a buyer can find themselves in a multiple offer situation. It is always advisable to make the best terms you can to the bank and have a letter that you are "preapproved", not just "prequalified", by your lender included with your offer to help to get a successful acceptance of your offer. There may have been other factors that caused your offer to not be accepted, but maybe the listing agent can answer that for you.
Good luck in your house hunt!
Selling on Cape Cod and Plymouth County
I found that, like the Marie team stated, banks are taking the cleanest offers. I know the neighborhood your in and if you're not working with a buyers agent at this time I can help. It's helpful to know the in and out's of the process this way your next offer on the home of your choice may be an accepted offer.... and maybe even save a buck or two. Give me a call when your ready 724 689-0023
The Marie Souza Team - Top Selling on Cape Cod