Home Buying in Mineral Bluff : Advice

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Rachel Brant, Real Estate Pro in Cedar Rapids, IA
Rachel Brant answered:
after making an offer on a foreclosed home my agent received a e-mail from the listing agent that multiple offers with no numbers is that normal ?
That is normal because the listing agent is not able to disclose the amount. This is a comfort level. I have had clients before say that they have fallen in love with a home so they wro ... more
0 votes Share Flag Tue Oct 11, 2011 Home Buying in Mineral Bluff
Donna Robert…, Real Estate Pro in Madison, WI
Donna Robert Birschbach answered:
Do realtors set the price on a foreclosure property or does the bank. Saw a property that dropped 40K in four weeks.
Hi James,

If the property is in the process of foreclosure proceedings the seller maintains control over what he or she sets as the price.....if a potential Offer comes in lower than ... more
0 votes Share Flag Thu Oct 21, 2010 Home Buying in Mineral Bluff
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
Is it normal procedure for a seller to ask for a approval letter (not pre-qualify) from a buyer prior to obtaining a signed contract.?
It is called a preapproval since an approval requires that the house is known. The preapproval lets the seller know that you can get a mortgage before he takes the house off the mortgag ... more
0 votes Share Flag Mon Oct 18, 2010 Home Buying in Mineral Bluff
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