Same question, on and on, What is your Realtor Advice?
My advice will be to write a backup offer. Some buyers are still not prepared to wait, months and month for a Short Sale approval.
100k above listing price? Was the home listed with a joke listing price? What is the "real" estimate value of the home?
Remember that you being ready to buy, does not mean that the seller is ready to sell.
You can not contact Wells Fargo at all. An offer need to be signed by Selller and submited by Sellers agent.
Keep in mind listing agent could ONLY gain from your sales offer of additional commissions on $100K however agent has to abide by contract and listing agreement terms and conditions.
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I would guess that the advice will be that Wells Fargo has no interest in listening to you. Contact them if you wish. All they want is to sell the property at a price acceptable to them. Wells Fargo received an offer. You say they accepted the offer and took the house off the market. That's pretty much the end of the story unless that deal falls through for some reason. And it might. Have your agent keep a watch on that property so that if it's relisted, you can make an offer on it.
Although it sounds as if the listing agent told you the complete truth, your agent should have explained what his information meant. It DID stay on the market until the amount was approved, apparently. You should have been told: If you want the house, make an offer now. If another offer is made, it might be accepted quickly.
So: Only suggestion is to keep an eye on the house in case the initial contract falls through.