Asked by Mandelson49, Antelope, CA • Tue Jun 12, 2012
I put an offer on a house that was up for short sale. The offer was for asking price and was the first offer at the time of placing. A few weeks passed without the seller signing until I found out the seller had signed with another buyer. As I wasn't given the opportunity to counter offer or now why the other offer was better I did some investigating and found the price of the property had dropped a number of time before my offer and the the accepted offer was matching mine. So it appears the seller had an friend and waited for the price to drop and the first offer time come in, once the first offer came in they sat on this offer to give the friend time to submit their offer. This does not seem fair, but is this legal and is there recourse?
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