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Valued Contributor
mauve
Posts: 2,487
Registered: ‎02-18-2010
0

Re: Has anyone heard of this

"Sure, I'm trying to sell a house in the worst seller's market in years.  I think I'll hold out for a cash buyer."


Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010
Previous High Score: EQ 700 TU04 712 EX 726
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Valued Member
mzniko
Posts: 25
Registered: ‎03-30-2008
0

Re: Has anyone heard of this

yeah I was thinking that this is insane! Well more like crazy as heck! but what can i do if anything?


Starting Score-(1/10/10):TU 558 EQ 628
Current Score-(11/01/11): TU 660 EQ 666 EX 640 All Lender Pulled
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Valued Member
kriskaden
Posts: 45
Registered: ‎09-06-2007
0

Re: Has anyone heard of this

 


mzniko wrote:

yeah I was thinking that this is insane! Well more like crazy as heck! but what can i do if anything?


 

If that was the bank's counter you can always counter their counteroffer and add your financing terms back in. If they countered your original offer you still have the option of coming back to the table. Did you submit your preapproval letter (with the $ amount whited out of course) with the offer?

 

The worst thing they can say is no, then you just wait a week or so and try it all over again.


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Valued Member
mzniko
Posts: 25
Registered: ‎03-30-2008
0

Re: Has anyone heard of this

I did have my agent whiteout the approval amount.  Whats funny is that on their own website......they did not list the property as cash...and the site was just updated...go figure!**shrugs**

My agent  wanted to see proof that the bank did not accept the offer.....and they have basically avoided the request.


Starting Score-(1/10/10):TU 558 EQ 628
Current Score-(11/01/11): TU 660 EQ 666 EX 640 All Lender Pulled
Goal Score-----(9/10/10): TU 700 EQ 750
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