Asked by Adrian Smith, Tigard, OR • Wed Jun 13, 2012
We have an offer at the bank on a short sale in Tigard, OR. It's been at the bank over two months. On 5/27, the bank responded to our original offer asking for additional money. We revised our offer on 5/29, but only provided an additional 25% of their request.
Still waiting to hear from the bank, I looked at the listing today for the first time in a while and noticed that the seller's agent lowered the price on 6/6 and 6/13 (This property has been listed since Jan. '12).
Why would the seller's agent lower the price while our offer is still pending? She told us they weren't taking back up offers. Is this a bad sign for our offer? I need to know! Thanks.
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