Asked by brandtkatlin, Dublin, OH • Mon Mar 4, 2013
I found a house directly in my price range with everything we've been looking for. one problem, it's in contract. BUT the owner has 2 mortgages and owes back taxes. She still owes 120,000 on the house and the asking price is 88,000. There was a bid of 65,000 on the house and one bank accepted it. The other bank wants more money that the inital bid. We haven't heard anything because the realtors we're working with don't seem to be all that interested in it. But it's our dream home and if there's a possible denial of the bid I WANT TO KNOW! I'm willing to bid higher but no one seems to want to help me. Is there a chance since it isn't in escro and the bank has denied the offer that it could go back on the market? or that we could counter bid?
PLEASE HELP THIS IS OUR DREAM HOME!!!!!!!
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