Just putting this out there...my clients put an offer in on an REO listing TWO WEEKS ago today. We still have yet to get a response back one way or another. The listing agent thinks that the offer is going to be accepted as written and he has not received any other offers on the property either.
We have another counter offer on an alternate REO listing that basically accepted the terms of our offer. We have yet to get a signed contract and addendum back yet. No other offers in on that property either. So basically my buyers are in limbo on both of these properties.
See, it just goes to show, purchasing an REO can be a big pain too. Maybe a short sale isn't such an awful option for a lot of buyers. Haha!
Subscribe to CommentsComment