Asked by John, Long Island, KS • Thu Oct 4, 2007
I'm looking for a home in Stony Brook, and the agent, who is working for the owner, first tell me that the house is in pre-forclosure,and the owner will consider an offer about 10% below asking...I make an offer about 12% lower and it is rejected. The agent then tells us the owner is now represented by the bank, and the counter is $2k off of asking. We counter offer and have been waiting over 1 week for what teh agent tells us is the bank to accecpt or decline.
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