Asked by Bryan Garcia, 91739 • Fri Jan 2, 2009
My family and I recently offered $800,000 for a short sale up the street from us. Our agent whom we had previously lost a negotiation to on a previous house contacted us and asked us if we were still in the market as a house up the street from said original house was available. The new house a short sale property was a dream come true for us, and we quickly offered the asked $780K. Our agent called and notified us that the seller had received other identical offers and asked if we would like to increase to $800K. Since our deal was an all cash offer, our $800K was finally accepted. My trouble is all of the communication going on with this property is thru the seller and our agent. Our agent is very defensive in releasing information regarding the agent representing the seller, the company to whom which the $$ is owed for the original loan and the negotiation company which she told us was different from the lender. I'm curious to know if this is normal practice in a short sale?
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