Home Buying in 92392>Question Details

Vickie, Home Buyer in Phelan, CA

I found a house I truely love and the realtor told me there was an offer on it already and they had just opened escrow 2 days prior we put in a

Asked by Vickie, Phelan, CA Mon Nov 23, 2009

counter offer higher then there offer can the bank still accept our offer do we have a chance

Help the community by answering this question:


Hi Vickie,
Most likely they will not accept your counter offer since they already opened escrow.
Have your agent talk to the listing agent and see if they can keep your counter as a backup offer.

Best regards,

Jes Sierra, B.Sc.
Century 21 Beachside Realtors®
Chino Hills, CA
0 votes Thank Flag Link Mon Nov 23, 2009
Hello Vickie,
If this is a short sale or REO you might have a chance. Most Short Sale or REO lenders are letting their agents know to continue marketing for offers in this markets "distressed atmosphere". I would recommend coming in with cash or a pre-approval(not a pre-qualification).

0 votes Thank Flag Link Mon Nov 23, 2009
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