Home Buying in Jackson>Question Details

Pjbrown, Home Buyer in Jackson, MI

made offer for exact amount,would not even onsider it unanswered calls still have my ernest money check

Asked by Pjbrown, Jackson, MI Wed Jul 4, 2012

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There is possibly another factor other than the ones others have suggested; that is: Who is the Seller? I have very recently heard that Freddy Mac (quasi bank seller) does not seem to be very interested in moving property. This is not a fact. Just something I heard from another Realtor who has just thown up his hands in frustration and disgust over 3 offers.

Would like to hear how things work out with your situation.

Did you include with your offer a pre-approval or pre-qualification letter from a Lender?

Jim Wellman 517-392-0612
Realtor, Broker, Owner
0 votes Thank Flag Link Thu Jul 5, 2012
If you didn't have an ACCEPTED OFFER, why do they have your Earnest Money?

You didn't do something right!

Good luck and may God bless
0 votes Thank Flag Link Wed Jul 4, 2012
PJ,

You have not given enough information here for anyone to give you any kind of good advice. Are you working with an agent or did you make the offer directly yourself? Was your earnest money check cashed? The check should not be cashed unless your offer was accepted. Did you put a stop payment on your check? Do the sellers have an agent or are they selling by owner? Are there other issues going on here that we are unaware of. Do you see where I'm going here. It is impossible for anyone to give you advice without have all the information.

If you have an agent, you need to speak to him/her. If you can't get any answers from your agent, then you need to call the broker. If you are not working with an agent and trying to do this on your own, here is another perfect example why it is better to have an agent on your side.

If you provide the answers to some of the questions above, we may be able to provide you with a plan of action. Good luck to you.

Kathy Perhsha, Realtor
Keller Williams Realty
248-930-0198

http://www.kaperproperties.com
http://kathypersha.yourkwagent.com/
http://www.kw.com/kw/agent/kathypersha
http://www.kathyhelpsmichiganhomeowners.com/
0 votes Thank Flag Link Wed Jul 4, 2012
Pjbrown,
That can be a truly frustrating situation. A lot of good answers have been provided to you. Sometimes its easier to discuss all the details privately. Please feel to touch base with me if you'd like and I can give some additional advice. I also have an attorney that specializes in real estate law if it needs to go that far. Chances are, with some more info from you, it wouldn't need to go that far.
Thank you for the question,

Real Estate Doug
Doug Beiswanger
Residential and Commercial Real Estate
517-782-2996 Office
517-914-9555 Cell
0 votes Thank Flag Link Wed Jul 4, 2012
This is a task for your real estate professional to pursue.

Discuss with your agent the strategy of submitting an earnest money check with unaccepted offers.
You may have alternatives but Jackson, MI real estate law will dictate.

Best of success to you,
Annette - http://www.RealEstateMadeEZ.us
0 votes Thank Flag Link Wed Jul 4, 2012
What does your agent advise?
0 votes Thank Flag Link Wed Jul 4, 2012
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
Contact
I'm not sure what the exact question is here. Do you have an agent? Is the home listed for sale by an agent or is it a For Sale By Owner? Depending on these answers, here are a few suggestions. Talk to your agent and then the agent's broker. If you get no where, talk to a good real estate attorney. If it's a FSBO, have an attorney demand the EMD back and then if all else fails, you have small claims court.
0 votes Thank Flag Link Wed Jul 4, 2012
Your agent should request the owner's agent to send an "acknowledgement of receipt" that the owner has received your offer. If you do not hear anything, have your agent contact the listing agent's broker.
0 votes Thank Flag Link Wed Jul 4, 2012
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