Hello Inared:
I understand your frustrations with the banks. I have had clients in the same boat. Unfortunately, the banks will do what they want to do. They do not usually sign anything when that the offer has been rejected. They work on a verbal until they accept the offer and it is signed at that time. Even the counter offers are usually handled verbally followed by the listing agent sending an email. Just make sure that you have an updated pre appoval letter/proof of funds if cash offer, with a copy of earnest money when your offer is sent. Banks will not look at the offer if that is not with it. Also, some banks expect a certain amount for your earnest money. That will be stated in MLS and your agent should see this and let you know. Hope this helps and good luck!
Sheri Mapes the Cincy House Expert
513-253-7156
http://www.CincyHouseExpert.com - Thu Oct 30 2008, 06:35