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All Forum Posts by: Tim Silva

Tim Silva has started 2 posts and replied 3 times.

Post: Waiting time for response from homesearch auction.

Tim SilvaPosted
  • Investor
  • Hayden, ID
  • Posts 3
  • Votes 0

Thank you William,

It just seems a bit odd that they would wait so long with the reserve only 2,000 above our bid. We were the only ones placing a bid. Tomorrow will be the 15th calendar day.  Maybe we are still in luck. :) Thanks again for the response. 

Post: Waiting time for response from homesearch auction.

Tim SilvaPosted
  • Investor
  • Hayden, ID
  • Posts 3
  • Votes 0

My partner and I have recently bid on a home on homesearch.com, We were the Highest bidder (@ 138,000) but the reserve was not met. I had previously bid on this house twice on the auction and saw it had met the reserve at 140,000 (which was my limit for the house) but went substantially higher before it closed. We had received an Email from homesearch on the 9/24 (same day action ended) stating we were the highest bidder but did not meet reserve. We have called them and they informed us that they have sent the offer to the bank and are waiting for response. As of yet (10/07) we have heard nothing. Dose anyone have experience with this particular issue?

Post: Buying from online Actions

Tim SilvaPosted
  • Investor
  • Hayden, ID
  • Posts 3
  • Votes 0

My partner and I have recently bid on a home on  homesearch.com, We were the Highest bidder (@ 138,000) but the reserve was not met. I had previously bid on this house twice on the auction and saw it had met the reserve at 140,000 (which was my limit for the house) but went substantially higher before it closed.  We had received an Email from homesearch on the 9/24 (same day action ended) stating we were the highest bidder but did not meet reserve. We have called them and they informed us that they have sent the offer to the bank and are waiting for response. As of yet (10/07) we have heard nothing. Dose anyone have experience with this particular issue?