[ Content | View menu ]

Does it take banks longer to respond to an offer on a foreclosed home?

Written on March 13, 2010

My husband and I just put a bid on a foreclosed home (this is the first foreclosed home we’ve ever bid on) on Tuesday. It’s now Thursday and we have heard nothing. The house has been on the market for a while, so I thought we’d hear back quickly. Usually on other homes we’ve bid on, we’d hear back from the sellers within 24 hours. Is it normal for banks to take a long time to respond to an offer?
Thanks for the answers so far – it’s weird, because you would think the banks would be dying to get rid of all those properties! Go figure :)

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • feedmelinks
  • LinkArena
  • MisterWong
  • StumbleUpon
  • Technorati

Related posts:

  1. Dealing with Banks when trying to purchase a foreclosed home?
  2. I like to buy a foreclosed home. Can I give an offer that is lower than the asking price?
  3. How much to offer on a foreclosed home?
  4. When purchasing a foreclosed home can you offer less than what the asking price is?
  5. Real Estate Agents: If I want to purchase a foreclosed home what offer should I make? ?

Filed in: Foreclosure News.

No Comments

Write comment - TrackBack - RSS Comments

Write comment
Photovoltaik Vergleich
equity release
Tuscany Rental House
trappstadning
online estate agents