I hope you are not the powerhouse agent/broker who closed a short sale that we wanted.
In May, we saw a house we loved in SE Escondido. We liked it so much that we went $5K above list (hold your snickers). Alas, it had to be a backup offer, but we were apparently at the front of that line.
Yesterday it closed at $3K over list on a FHA loan — a brokerage repped both sides. I wonder if the lender knew there was at least one higher offer on the property — and a conventional, 20 percent down one at that? I realize $2K ain’t much, but it still stinks for us. We’ve seen inferior properties go up to $70K over list, so to see this place go for what it did is comparatively baffling.
