I went to check on one of my listings and the sign was missing. It's happened again. Another sign missing from one of my listings.
I called the last agent who's last offer on the property had fallen through. It was a shortsale, however, their offer wasn't acceptable to the bank. BPO came back too high as usual. Buyer's couldn't believe it.
They actually considered spending money for their own appraisal, but changed their minds. They decided to wait-out the bank and see if they would change their minds. (apparently, they don't know banks).
Banks would rather let the house foreclose rather than accept a lower offer. Doesn't make sense to me either; that the bank would risk getting an even lower bid. Go figure. Anyway, back to the sign.
Mr. Agent stated that there was never a sign out there. I informed him that his clients called him from the sign. (silence), then he saids "oh", well no, I haven't seen the sign, then he saids "maybe I saw it in the bushes, but I am not sure"
What do you think?
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