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Updated over 8 years ago on . Most recent reply

John Vietmeyer's profile image
John Vietmeyer's profile image
John Vietmeyer
  • Investor
  • from Johns Island, South Carolina
  • Member since Jun 6, 2014
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119
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41
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John Vietmeyer's profile image
John Vietmeyer's profile image
John Vietmeyer
  • Investor
  • from Johns Island, South Carolina
  • Member since Jun 6, 2014
Connect
John Vietmeyer
  • Investor
  • Johns Island, SC
41
Votes |
119
Posts
Buying & Selling Real Estate

Auction.com acceptance process

John Vietmeyer
  • Investor
  • Johns Island, SC
Posted

How often do Banks refuse to ratify contracts after a successful auction.com bid?  

Bid was won this week, signed their paper and submitted  earnest money.  They gave me 24 hours, now they say the bank needs ~10 days to review my offer. 

I'll be frustrated if they reject my offer after I already agreed to their terms.  

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John Vietmeyer's profile image
John Vietmeyer's profile image
John Vietmeyer
  • Investor
  • from Johns Island, South Carolina
  • Member since Jun 6, 2014
Connect

User Stats

119
Posts
41
Votes
John Vietmeyer's profile image
John Vietmeyer's profile image
John Vietmeyer
  • Investor
  • from Johns Island, South Carolina
  • Member since Jun 6, 2014
Connect
John Vietmeyer
  • Investor
  • Johns Island, SC
41
Votes |
119
Posts
John Vietmeyer
  • Investor
  • Johns Island, SC
Replied

Good feedback.  I'll keep my fingers crossed and report back when I get a response.  

Tkx

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