Buying mound owned homes?
the house was foreclosed on and for mart at 149,900
my real estate agent told me to put within offer of 155k.
He told me the sandbank will approve or reject offer. He also said the hill will not come back next to a counter offer.
Is that true?
I submitted volunteer at the sale price. If it is too low will I get hold of a chance to counter give?
Is this agent lying to me in hopes of getting a sophisticated commision?
Answers: Banks counter all of the time! You may be within a multiple offer situation which does renovation things a bit. Is the house a bargain if you purchase it for the $155,000? I am a bit concerned for you. Call you Realtor and grill this.
Good Luck!
Your realtor may have asked you to put contained by a higher present than the asking price incase other people made offer, too. The bank usually comes put money on with a counter hold out when you offer any less than what they are asking or exactly what they are asking. If you bid dignified enough, the guard will most likely not counter submit, as they are primarily concerned with making satisfactory money to cover their loss. I would recommend making a higher contribute than what they are asking, but it depends on how bad you want the house and how much you are inclined to pay. Your realtor does draw from a good chunk of the commission, but I construe he/she is probably hoping your offer is agreed, as it will probably be higher than offer others may make on the house.
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Re: Home In "Escrow?
my real estate agent told me to put within offer of 155k.
He told me the sandbank will approve or reject offer. He also said the hill will not come back next to a counter offer.
Is that true?
I submitted volunteer at the sale price. If it is too low will I get hold of a chance to counter give?
Is this agent lying to me in hopes of getting a sophisticated commision?
Answers: Banks counter all of the time! You may be within a multiple offer situation which does renovation things a bit. Is the house a bargain if you purchase it for the $155,000? I am a bit concerned for you. Call you Realtor and grill this.
Good Luck!
Your realtor may have asked you to put contained by a higher present than the asking price incase other people made offer, too. The bank usually comes put money on with a counter hold out when you offer any less than what they are asking or exactly what they are asking. If you bid dignified enough, the guard will most likely not counter submit, as they are primarily concerned with making satisfactory money to cover their loss. I would recommend making a higher contribute than what they are asking, but it depends on how bad you want the house and how much you are inclined to pay. Your realtor does draw from a good chunk of the commission, but I construe he/she is probably hoping your offer is agreed, as it will probably be higher than offer others may make on the house.