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Updated over 10 years ago on . Most recent reply

User Stats

229
Posts
124
Votes
Brooks Rembert
  • Rental Property Investor
  • Woodbridge, VA
124
Votes |
229
Posts

VA Foreclosure; Asked for Highest and Best and Accepted None

Brooks Rembert
  • Rental Property Investor
  • Woodbridge, VA
Posted

What gives? We found a VA foreclosure, put in an offer and that day, the selling agent calls my agent and asks for highest and best. We oblige, then two days later get a note from VA that our offer wasn't accepted, and an email from the selling agent that none of the offers were accepted.

The property had only been on the market for three days. I'm ASSUMING the VA is going to let it ride for a while longer, but why go H&B, then shoot everyone down?

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