Kay Kay Singh
Hud home offer rejected
There is a Hud home 3/1 that I gave an offer motivated by last week's podcast on BP.the property is just next to our other rental property that we bought for $14000.00 and this property is almost the same and has been...
Steven Sabik
Duplex Short Sale Rejection
I made a 190K offer on a duplex in NJ listed at 200K, which was accepted. The seller is 85 and 'doesn't have any additional funds' per their realtor (she was living in the bottom half and renting out the top). The sel...
Kevin Stolarski
Properly rejecting a rental candidate
Hey Everyone- So I am new landlord and am very close to getting my first tenants in my rental unit. My dilemma is I had two groups send in applications at the same time, pass background & credit check but one gro...
Account Closed
House under contract loan rejected
Hey folks, I am under contract with no contingencies to purchase a home, which will be my primary residence. My credit history is not great (missed couple of payments few years back) and I am having tough time securin...
Aaron Linden
Reject Applicant For Tenant References
Hey BP,Situation: Potential tenant applicant uses a person convicted of dealing cocaine (felony) and convicted of felony forgery with intent to defraud as a character reference. This person happens to be an in-law.Now...
Christopher Gilbert
Screening Multiple Applicants and Rejections
Historically I have always screened tenants one at a time (mainly because the applications tend to come in every day or two) and have chosen the first qualified. This method has worked well for me, never have to worr...
Account Closed
Rejecting applicant based on income
Hello - I am about to reject a tenant based on income (applicant's income is 1.8x rent). My listing says 3x rent required. I want to to be as polite as possible - if I say "unfortunately you don't qualify based on in...
Leslie Laboriel
Foreclosure bid rejected without counter
My agent advices me that the bank rejected my $40 cash bid on a 1bed co-op , listed @56k. The bank did not counter because they felt the bid was to low. The property has been listed for 50+ days with one price drop....
Jimmy C.
Got Auto Rejected by HomePath
Hey, so I was making my offers on properties as usual, and I got a rejection from an offer within almost an hour of making it.
It seems that when the realtor inputs the offer, if you are under a certain percentage, t...
Heather Taft
Owner rejected short sale offer
I recently made an offer on a short sale. This home was hard for me to find listed because, according to their realtor, the seller was embarrassed to be selling the home as a short sale. It was not listed as for ...