Home Buying in 48076>Question Details

Aisha, Home Buyer in Detroit, MI

I have a Hompath offer in, my agent says my offer is listed as "awaiting approval" what does that mean?

Asked by Aisha, Detroit, MI Mon Feb 27, 2012

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One would think that means your offer is in line to be reviewed by the asset manager and they'll respond when they're ready... If you made your offer in the first day or two the property became available, your offer won't be reviewed until at a minimum, three days have elapsed (according to the HomePath customer service rep I spoke to a month ago). If you made an offer in that window, that may be why it's awaiting approval.
Web Reference: http://RobWeber.com
1 vote Thank Flag Link Mon Feb 27, 2012
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