Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Buying a foreclosed home

Posted on: 17th Nov, 2013 11:41 pm
I have found this foreclosed property which I liked a lot and want to buy. I have offered the asking price as set by the lender but my realtor has still not received any reply Why doesn't the seller respond to my offer though I have offered the asking price?
The whole foreclosure process takes a lot of time. The lenders may be sometimes very slow with the whole process. Moreover, there are many properties in the market which are on the verge of selling off. Getting the deal can be tough but you can keep on trying.
Posted on: 18th Nov, 2013 12:41 am
Hi Guest!

Welcome to the forums!

It is solely the discretion of the lender as to which offer he will respond to. Nevertheless, you can ask your realtor to contact the lender and check out personally whether or not they will consider your offer.

Feel free to ask if you've further queries.

Sussane
Posted on: 18th Nov, 2013 08:13 pm
Page loaded in 0.127 seconds.