Help! - am I getting played by realtor or bank!?

[Erica M.]

Hi guys...I need some advice. Over a month ago we were among the first to put in cash offer on a foreclosed home. There were several other bids. We then put in highest and best. Told they would make a decision quickly, but still haven't heard anything. 

Now let me say we are using the realtor who listed the home  and she just seems to be giving us the run around on why we haven't heard back from bank.  She hinted at, and I already assumed, the bank went with a higher offer that is financed but are leaving us in the hook just in case.  

NOW!  I see the house dropped in price by $5,000. Can someone please explain to me what the hell is going on??  Second, is there someone I can call, like the bank, to get factual information about what happening?  Can I make a complaint?  What do I do?  This is super shady business.  we put in a cash offer, no inspection.   I just want the truth.  How do I get it?  Thanks!!