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re: Real Estate Question: Haggling a Foreclosure

Posted on 11/20/14 at 3:01 pm to
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 11/20/14 at 3:01 pm to
quote:

bought my home on a short sale and we went from initial offer through 2 counters to under contract in 24 hours.



Congrats?

Typically this isn't the case because not only does the seller have too agree, but so does the bank.

This takes time.
Posted by CharlesLSU
Member since Jan 2007
31931 posts
Posted on 11/20/14 at 3:12 pm to
I do get a "silent" counter, but what if they bite?

If they don't, then we simply re-approach with a higher opening.

I have the power, not them. I will simply focus on another property.......this one does need some help cosmetically and I suspect some other issues despite being built in 2006.
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