Question Details

Penny, Home Buyer in 10704

A short sale home for 199,900. I offer 155,they want 193,500. i offer 165 final offer they say bank must

Asked by Penny, 10704 Sat Jun 21, 2008

approve. home needs work in and out,what is my next move.

Help the community by answering this question:


All short sales must be bank approved. In this case, you have made an offer, rejected a counter offer, and made your own counter offer. The ball is in the seller's bank's court. You can either wait it out - and be prepared for a long wait - or withdraw your counter offer and walk away. Short sales are notoriously time consuming - with no definite timeline. If you are in no hurry and think the offer is a good one, I would wait it out.
1 vote Thank Flag Link Sat Jun 21, 2008
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