Originally posted by @John Hamilton:
It sounds like the first view time had elapsed and that opens up the bidding to EVERYONE.
Taking the class and trying to negotiate a better price may have taken up time. And to find out the class didn't give you the 3% closing costs coupon is a pi55er. I found that with Homepath the asking price is the final price and they offer nothing in money savings to the buyer. Still, it's good practice to see if someday they will accept a "less than" offer.
You, or they, may have accepted the offer online, but the paperwork should have followed (purchase contract, etc.) to bind that offer. However, an acceptance from their end to your counter offer should have killed the bidding, if it was within the first view time. Once it goes beyond that point, they can entertain other offers and accept those offers.
It almost sounds like what my Mom went through where her agent screwed up and her offer wasn't accepted and then someone else got the house after first view elapsed.
Thanks John. The "first look" period is still going on. We made the initial offer on day one. Then the following business day we were told that they countered at 100% of the asking price. We accepted that within minutes of the offer. The class took 2 hours and we made the offer on the first day it was listed. For some reason the paperwork didn't follow the acceptance.
Oh well. We made our highest and best, Hopefully other bidders did their research regarding the property because there was something we uncovered. The price they are asking / we are offering is a fair price considering the issues...I just hope some Joe Smo isn't bidding ridiculous amounts thinking this house is good to go.
