Asked by negritabf, 06468 • Tue Oct 16, 2012
I recently put an offer for a Short sale, I offer over asking price with a conventional loan. I was informed that there was 1 higger offer FHA loan, that offer was accepted by the seller. I was told that the seller and the prospect buyer have an agreement to close in 6 months so the seller can stay in the house longer. What can I do since I do not think that is fare to me. I did not get my offer presented to the bank because I do not know the seller and I do not make a "deal" with the seller. Seller know I am ready to close in 3 weeks tops, that means seller needs to move out sooner... is that legal? besides that I know that in this case seller and prospect buyer are close friends, that is why they make things work for eachother... not fare to me!
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