Dealing with Banks when trying to purchase a foreclosed home?
Written on January 7, 2010
I am trying to purchase a foreclosed home. I offered the bank the asking price for the home. The banks agent has yet to present the offer to the bank. He said he waits a week and then presents all offers.
Isn’t that practice a little unethical? Is that the “norm” for foreclosure sales? How long does it usually take a bank to respond to an offer?
Related posts:
- Does it take banks longer to respond to an offer on a foreclosed home?
- Foreclosed Homes – A Bargain Home Purchase
- How Low are banks willing to go on foreclosed home?
- Is it necessary to have a Realtor to purchase a foreclosed home?
- Is it possible for someone to purchase a foreclosed home and how do you do this?
Filed in: Foreclosure News.