I countered a Freddic Mac counter and havent heard back from them, this was 10 days ago! Is this common?

Asked by Lynn, 60561 Thu Sep 1, 2011

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Suzanne Hamilton’s answer
Suzanne Hami…, Agent, Orland Park, IL
Fri Sep 2, 2011
I agree. Unfortunately sometimes if you haven't heard anything it means they may be working with another offer. No one contacts the nonaccepted offer.it is the job of your agent or you if you have no agent to follow up. I have never had them take that long but anything goes with reo properties. Keep following up.
0 votes
Chris Ognek, Agent, Fredericksburg, VA
Fri Sep 2, 2011
I've have Fannie and Freddie take two months to respond to an offer so unfortunately yes, it does happen.
0 votes
Millie Lumpk…, Agent, Homewood, IL
Fri Sep 2, 2011
Ask your agent to follow up with the listing agent. As already stated, they are probably negotiating on another offer.
Web Reference:  http://ChicagoSouthHomes.com
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Anthony Cava…, Agent, Joliet, IL
Thu Sep 1, 2011
Yes, but it probably means they are negotiating with another offeror.
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