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All Forum Posts by: JENNIFER LOVE

JENNIFER LOVE has started 3 posts and replied 23 times.

Foreclosures

Post: Fannie Mae property offer made, listing reduced?

JENNIFER LOVEPosted
  • Belleview, FL
  • Posts 23
  • Votes 6

Thank J Scott & Bill!
Just contacted my agent to ask, what?
I will ask her to contact the listing agent.
That was my next question, could it have been scheduled?
Very good insight, thank you! :)

0 Votes
Foreclosures

Post: Fannie Mae property offer made, listing reduced?

JENNIFER LOVEPosted
  • Belleview, FL
  • Posts 23
  • Votes 6

our highest and best: 133k (one thirty-three)
I thought it was very strange. :/

0 Votes
Foreclosures

Post: Fannie Mae property offer made, listing reduced?

JENNIFER LOVEPosted
  • Belleview, FL
  • Posts 23
  • Votes 6

Home listed originally at $129,900 in 8/4/2012
Reduced to $119,900 on 9/12/2012
Made offer of $109k on 9/18/2012
Bank ask "final & best" b/c of multiple offers
We offer 133k on 9/21/2012
Bank then reduces the price to $110,900 9/25/2012

What is going on. I understand typically the bank reduces the price every 30 days if there haven't been offers, but "supposably" there have been multiple offers made.
Why reduce it again?
Thank you for any information! :)

0 Votes