dealing with bear stearns

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have any of you bid on a bear stearns held foreclosed property recently? are they motivated to sell or will they just wait out the downturn and see what happens?

i have two bids in on one property, their agent said the first was too low, so i met their asking price. not a word since.

should i up the bid 20%? 30%? double it? triple it? what in the world takes them to respond? have never had this issue with a seller before.

i'm not an investor here, i'm just trying to buy a house to make a home.

thanks in advance for any comments, suggestions - or similar rants. :D