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Re: Saturday Chat 03.19.11

Subject: Re: Saturday Chat 03.19.11
by biggrizzly on 2011/3/19 22:10:13

Quote:

TommyT-Bone wrote:
Oh My God! Realtor cat fight between the selling realtors, the selling realtors office, our realtor, our closing attorney. Meanwhile the owner (who we know) and us are held hostage to the incompetance. We sign papers tonight with the original realtor we submitted the first offer through. She claims representation rights because she started the first failed transaction. The selling realtors don't want to acknowledge our bid but legally they must present it to the owner and the financial institution. They claim it is too low. What a freak show. The homeowner is gonna be free and clear. The bank could be on the hook for a couple of grand because of processing expenses. All I can say is the realtors on both sides (we know everyone involved) are having some serious ego and attitude issues. Let's see where it goes from here. Unless somebody comes over the top quickly, we stand a pretty good chance of making a deal. It ain't over till it's over. Waiting to hear the fat lady sing ....... Don't tell anybody I said that .....


Good Luck Tommy... Three years ago we made a bid on a short sale property. Long story short... we waited six months for an answer from the lending institutions from both the first and second mortgage holders. The 2nd mortgage co, took the offer, the 1st mortgage holder said No... almost two years later the house was still sitting empty!!

You stand to make a great deal if it works out for you!!
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