Cash offers … banks slitting their own throats?

[AK]

I dunno, my substantially higher offer could’ve been rejected for any number of reasons. (Including, but not limited to, greed and corruption!)

I could send a certified letter to the audit committee at the Very Big Servicer, but I know they probably couldn’t care less.

I could make an ethics complaint against the listing agent, but I suspect the local association couldn’t care less. And I’d probably hurt the reputation of my own hard-working and ethical agent.

I have enough melanin in my system to claim racial discrimination, but it would be bad karma to make a serious accusation without more evidence.

Or I could just move on to the next listing. Which is what the dirtbags are hoping. But, what if the dirtbags have that listing too?

[PadreBrian]

If you have the agent/broker’s lic # you can report them to the state.

[PadreBrian]

If you have the agent/broker’s lic # you can report them to the state.

[PadreBrian]

If you have the agent/broker’s lic # you can report them to the state.

[PadreBrian]

If you have the agent/broker’s lic # you can report them to the state.

[PadreBrian]

If you have the agent/broker’s lic # you can report them to the state.

[kcal09]

I’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?

[kcal09]

I’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?

[kcal09]

I’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?

[kcal09]

I’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?

[kcal09]

I’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?

[SD Realtor]

It is a very sad fact that there is alot of bs out there and listing agents double ending things while other buyers get screwed. We have talked about and we continue to see it. I have had clients of mine who called the listing agent broker after they got aced out and vented to them but with no avail. I have had a client but he lost out on an reo and he was able to somehow reach the asset manager and wanted to make sure his offer was not the highest. As bad as the market was before the way that REO properties are parsed out is just a nightmare. I would be willing to guess that the number of double ended deals for reos verses regular sales is higher, perhaps much higher but that is just me being bitter. There is some oversight by asset management companies but not a hell of alot.

[SD Realtor]

It is a very sad fact that there is alot of bs out there and listing agents double ending things while other buyers get screwed. We have talked about and we continue to see it. I have had clients of mine who called the listing agent broker after they got aced out and vented to them but with no avail. I have had a client but he lost out on an reo and he was able to somehow reach the asset manager and wanted to make sure his offer was not the highest. As bad as the market was before the way that REO properties are parsed out is just a nightmare. I would be willing to guess that the number of double ended deals for reos verses regular sales is higher, perhaps much higher but that is just me being bitter. There is some oversight by asset management companies but not a hell of alot.

[SD Realtor]

It is a very sad fact that there is alot of bs out there and listing agents double ending things while other buyers get screwed. We have talked about and we continue to see it. I have had clients of mine who called the listing agent broker after they got aced out and vented to them but with no avail. I have had a client but he lost out on an reo and he was able to somehow reach the asset manager and wanted to make sure his offer was not the highest. As bad as the market was before the way that REO properties are parsed out is just a nightmare. I would be willing to guess that the number of double ended deals for reos verses regular sales is higher, perhaps much higher but that is just me being bitter. There is some oversight by asset management companies but not a hell of alot.

[SD Realtor]

It is a very sad fact that there is alot of bs out there and listing agents double ending things while other buyers get screwed. We have talked about and we continue to see it. I have had clients of mine who called the listing agent broker after they got aced out and vented to them but with no avail. I have had a client but he lost out on an reo and he was able to somehow reach the asset manager and wanted to make sure his offer was not the highest. As bad as the market was before the way that REO properties are parsed out is just a nightmare. I would be willing to guess that the number of double ended deals for reos verses regular sales is higher, perhaps much higher but that is just me being bitter. There is some oversight by asset management companies but not a hell of alot.

[Author]

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