Eric Pinter

i'm not an attorney, but i would agree with you.
as per arkansas law, EVERYTHING must be done in writing.
when the law says EVERYTHING, it means EVERYTHING.
there is nothing implied.
if you did not receive written notice of a withdrawal of their counter, then you should still have the option to accept the counter before it expired.
if you think it's worth it, i'd pursue the deal. - Tue May 6 2008, 18:18

what kind of auction?
foreclosure auction? - Thu Feb 7 2008, 08:33

people don't really like to hear this, but your home may not be worth what you think it's worth.
check the county tax data (w/ assessor) to do your own comparable sales data. - Fri Dec 28 2007, 08:40

how old is your house?
this is quite common with newer homes in subdivisions.
here's what happens:
let's say you buy one of the first homes in a new development for $140k. you live there for two years and then decide to sell. meanwhile, the builder keeps building similar homes in your subdivision. if he overbuilds, or there's a turn in the market, then suddenly there are a ton of brand new empty homes on the market. when you try to sell yours, you are competing with homes that have never been lived in. you have to drastically reduce your price in order to compete.
also, from a buyer's perspective, a price increase of $1000 equates to about $7/month increase in their payment. so even if you drop yours to $10k below what a new one is priced at, it's only a $70/month difference to a buyer. most buyers are going to opt for the brand new house for $70/month more. - Fri Dec 28 2007, 07:33

i know a guy w/ a lot of rentals in that area: lance levy: cstreetgroup@gmail.com - Thu Dec 27 2007, 18:13