How to find their lender?

[CA renter]

Thanks, sdr.

[faterikcartman]

[quote=SD Realtor]Did you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.

Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.[/quote]

I can’t remember for sure at this point. We first tried contacting the listing agent but were repeatedly ignored and when we did get through were told nonsense that seemed to brush us off. This went on for months. We finally got a buyer’s agent (yes, maybe we should have done this earlier, but not sure it would have helped) who was also blown off and eventually told — I think — to not bother, it is off the market. We kept watching but nothing until months later it sold for less then we wanted to pay. We may or may not have signed a written offer but it was two years ago and I’m not sure. Possibly we did not. The agent didn’t tell us we could contact the lender, that’s just something we kept telling ourselves we wish we could do as we wanted the house and couldn’t get any coherent response from the listing agent. I have been told by an agent that she’s heard of agents listing a place on the MLS for the shortest time and telling the lender this is what the market will bear as someone they knew came in with a low cash offer. Not sure if this is myth or not but looking at some numbers on Redfin it looks like it could happen.

[faterikcartman]

[quote=SD Realtor]Did you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.

Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.[/quote]

I can’t remember for sure at this point. We first tried contacting the listing agent but were repeatedly ignored and when we did get through were told nonsense that seemed to brush us off. This went on for months. We finally got a buyer’s agent (yes, maybe we should have done this earlier, but not sure it would have helped) who was also blown off and eventually told — I think — to not bother, it is off the market. We kept watching but nothing until months later it sold for less then we wanted to pay. We may or may not have signed a written offer but it was two years ago and I’m not sure. Possibly we did not. The agent didn’t tell us we could contact the lender, that’s just something we kept telling ourselves we wish we could do as we wanted the house and couldn’t get any coherent response from the listing agent. I have been told by an agent that she’s heard of agents listing a place on the MLS for the shortest time and telling the lender this is what the market will bear as someone they knew came in with a low cash offer. Not sure if this is myth or not but looking at some numbers on Redfin it looks like it could happen.

[faterikcartman]

[quote=SD Realtor]Did you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.

Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.[/quote]

I can’t remember for sure at this point. We first tried contacting the listing agent but were repeatedly ignored and when we did get through were told nonsense that seemed to brush us off. This went on for months. We finally got a buyer’s agent (yes, maybe we should have done this earlier, but not sure it would have helped) who was also blown off and eventually told — I think — to not bother, it is off the market. We kept watching but nothing until months later it sold for less then we wanted to pay. We may or may not have signed a written offer but it was two years ago and I’m not sure. Possibly we did not. The agent didn’t tell us we could contact the lender, that’s just something we kept telling ourselves we wish we could do as we wanted the house and couldn’t get any coherent response from the listing agent. I have been told by an agent that she’s heard of agents listing a place on the MLS for the shortest time and telling the lender this is what the market will bear as someone they knew came in with a low cash offer. Not sure if this is myth or not but looking at some numbers on Redfin it looks like it could happen.

[faterikcartman]

[quote=SD Realtor]Did you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.

Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.[/quote]

I can’t remember for sure at this point. We first tried contacting the listing agent but were repeatedly ignored and when we did get through were told nonsense that seemed to brush us off. This went on for months. We finally got a buyer’s agent (yes, maybe we should have done this earlier, but not sure it would have helped) who was also blown off and eventually told — I think — to not bother, it is off the market. We kept watching but nothing until months later it sold for less then we wanted to pay. We may or may not have signed a written offer but it was two years ago and I’m not sure. Possibly we did not. The agent didn’t tell us we could contact the lender, that’s just something we kept telling ourselves we wish we could do as we wanted the house and couldn’t get any coherent response from the listing agent. I have been told by an agent that she’s heard of agents listing a place on the MLS for the shortest time and telling the lender this is what the market will bear as someone they knew came in with a low cash offer. Not sure if this is myth or not but looking at some numbers on Redfin it looks like it could happen.

[faterikcartman]

[quote=SD Realtor]Did you guys actually submit an offer? If you did and it was higher then the price the home sold for you “may” be able to at least file a complaint with the DRE if you can somehow prove the offer you submitted was indeed more competitive then what was accepted.

Correct, even if you had the lender info you could not have gotten anything straight from the lender. Your agent should have known that.[/quote]

I can’t remember for sure at this point. We first tried contacting the listing agent but were repeatedly ignored and when we did get through were told nonsense that seemed to brush us off. This went on for months. We finally got a buyer’s agent (yes, maybe we should have done this earlier, but not sure it would have helped) who was also blown off and eventually told — I think — to not bother, it is off the market. We kept watching but nothing until months later it sold for less then we wanted to pay. We may or may not have signed a written offer but it was two years ago and I’m not sure. Possibly we did not. The agent didn’t tell us we could contact the lender, that’s just something we kept telling ourselves we wish we could do as we wanted the house and couldn’t get any coherent response from the listing agent. I have been told by an agent that she’s heard of agents listing a place on the MLS for the shortest time and telling the lender this is what the market will bear as someone they knew came in with a low cash offer. Not sure if this is myth or not but looking at some numbers on Redfin it looks like it could happen.

[SD Realtor]

CAR you cannot talk to the lender because it is illegal for the lender or the loan servicing organization to discuss the home with you.

The lender or loan servicing company can discuss the loan ONLY WITH THE HOMEOWNER OR WHOEVER THE HOMEOWNER GIVES THIRD PARTY AUTHORIZATION LETTER TO THAT LOAN SERVICER. Thus it is ILLEGAL for the lender or loan servicer to discuss anything with anyone else. Plain and simple.

[SD Realtor]

CAR you cannot talk to the lender because it is illegal for the lender or the loan servicing organization to discuss the home with you.

The lender or loan servicing company can discuss the loan ONLY WITH THE HOMEOWNER OR WHOEVER THE HOMEOWNER GIVES THIRD PARTY AUTHORIZATION LETTER TO THAT LOAN SERVICER. Thus it is ILLEGAL for the lender or loan servicer to discuss anything with anyone else. Plain and simple.

[SD Realtor]

CAR you cannot talk to the lender because it is illegal for the lender or the loan servicing organization to discuss the home with you.

The lender or loan servicing company can discuss the loan ONLY WITH THE HOMEOWNER OR WHOEVER THE HOMEOWNER GIVES THIRD PARTY AUTHORIZATION LETTER TO THAT LOAN SERVICER. Thus it is ILLEGAL for the lender or loan servicer to discuss anything with anyone else. Plain and simple.

[SD Realtor]

CAR you cannot talk to the lender because it is illegal for the lender or the loan servicing organization to discuss the home with you.

The lender or loan servicing company can discuss the loan ONLY WITH THE HOMEOWNER OR WHOEVER THE HOMEOWNER GIVES THIRD PARTY AUTHORIZATION LETTER TO THAT LOAN SERVICER. Thus it is ILLEGAL for the lender or loan servicer to discuss anything with anyone else. Plain and simple.

[SD Realtor]

CAR you cannot talk to the lender because it is illegal for the lender or the loan servicing organization to discuss the home with you.

The lender or loan servicing company can discuss the loan ONLY WITH THE HOMEOWNER OR WHOEVER THE HOMEOWNER GIVES THIRD PARTY AUTHORIZATION LETTER TO THAT LOAN SERVICER. Thus it is ILLEGAL for the lender or loan servicer to discuss anything with anyone else. Plain and simple.

[sdrealtor]

Good point SD R and one I missed.

[sdrealtor]

Good point SD R and one I missed.

[sdrealtor]

Good point SD R and one I missed.

[sdrealtor]

Good point SD R and one I missed.

[Author]

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