This property is a short sale with an offer the bank is considering. The listing Realtor is accepting a back offer if you would like to make one. We have a number if listings in this area that you may find of equal value. Please call if you have questions. Thank you.
As several other agents have already mentioned, as a short sale with an accepted offer the bank can not look at your offer unless the other offer falls through.
It sounds like location is important to you, what are some of your other must haves? I am very familiar with the Edina area and would be happy to help you find another property that could be just as interesting.
Generally the agent cannot provide you with a price unless the seller informs them that it is o.k. This property is a short sale, so you can submit a back-up offer in hopes that the first one does not get accepted by the lender.
In order to write up a back-up offer to have a chance at the property if the current offer falls through you would need to:
1. Show proof of funds or have a lender get you prequalified for a loan. The agent and seller's lender will not accept an offer without these items.
2. Then you would sit down and write an offer - your highest and and best to be submitted to the seller.
I am happy to work with you through this process. Short sales can be a great deal and are often worth the wait.
MN Real Estate Options
Broker/Owner/Short Sale Professional
Accredited Platinum Real Estate Professional
Phone: (952) 443-2056
Fax: (952) 236-6429
Cell: (612) 801-2355
Check out our website at http://www.mnrealestateoptions.com for great information on all aspects of real estate, for Buyers, Sellers and Investors
This is all assuming they are still accepting offers on this property.
Give me a call if your still interested and I will call the other agent to dig deeper.