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Updated almost 15 years ago,

User Stats

32
Posts
1
Votes
Cyrus W.
  • Residential Real Estate Agent
  • Seattle, WA
1
Votes |
32
Posts

Getting Offer Accepted Directly Through Bank

Cyrus W.
  • Residential Real Estate Agent
  • Seattle, WA
Posted

An client put an offer on a short sale that was initially accepted by the bank but the bank instead took the property through foreclosure (auction last week), and now the property is an unlisted REO as it did not sell at auction.

Please let me know of any way that I can get my client's initial offer to go through, by contacting and negotiating with the bank myself.

It is a strong offer, conventional financing and over 50 % down. Any tips and ideas are greatly appreciated.