Asked by Rulferts, 48362 • Sat Aug 29, 2009
My wife and I put an offer on a foreclosure and were countered with a sooner closing date (30 days). We countered back that they drop the per diem if we were late on closing due to lender. They countered again with a later closing date. We were informed late Thursday of this last counter offer and were told another buyer placed an offer in the meantime. I suppose that means that the bank was countering both of us. We sent in our acceptance Thursday by fax. Does this mean we are only in competition with the other buyer (if they also accepted the bank's counter to them) or am I now in competition with other prespective buyers that may make offers over the weekend while we wait?
Real Estate in Lake Orion
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