Home › Forums › Closed Forums › Properties or Areas › sdr/SDR, how can this not be fraud???
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CA renter.
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July 3, 2009 at 2:54 AM #15981July 3, 2009 at 3:56 AM #424500
urbanrealtor
ParticipantI know you did not ask me but I must point out that we don´t know what the contingent price is.
It could be higher than asking.
I don´t have inside info.
Also, the seller probably does not care what price it sells for as long as the seller´s lender accepts it.
One of my last short listings had an offer accepted within 2 hrs of going live.
The problem with the angry taxpayer argument is that we have not had the relevant strings attached to the money we give them.
As an agent, I don´t read the bailout package notices when I list a property. My client is the seller, not the bank or uncle sam.
July 3, 2009 at 3:56 AM #424733ParticipantI know you did not ask me but I must point out that we don´t know what the contingent price is.
It could be higher than asking.
I don´t have inside info.
Also, the seller probably does not care what price it sells for as long as the seller´s lender accepts it.
One of my last short listings had an offer accepted within 2 hrs of going live.
The problem with the angry taxpayer argument is that we have not had the relevant strings attached to the money we give them.
As an agent, I don´t read the bailout package notices when I list a property. My client is the seller, not the bank or uncle sam.
July 3, 2009 at 3:56 AM #425015ParticipantI know you did not ask me but I must point out that we don´t know what the contingent price is.
It could be higher than asking.
I don´t have inside info.
Also, the seller probably does not care what price it sells for as long as the seller´s lender accepts it.
One of my last short listings had an offer accepted within 2 hrs of going live.
The problem with the angry taxpayer argument is that we have not had the relevant strings attached to the money we give them.
As an agent, I don´t read the bailout package notices when I list a property. My client is the seller, not the bank or uncle sam.
July 3, 2009 at 3:56 AM #425084ParticipantI know you did not ask me but I must point out that we don´t know what the contingent price is.
It could be higher than asking.
I don´t have inside info.
Also, the seller probably does not care what price it sells for as long as the seller´s lender accepts it.
One of my last short listings had an offer accepted within 2 hrs of going live.
The problem with the angry taxpayer argument is that we have not had the relevant strings attached to the money we give them.
As an agent, I don´t read the bailout package notices when I list a property. My client is the seller, not the bank or uncle sam.
July 3, 2009 at 3:56 AM #425249ParticipantI know you did not ask me but I must point out that we don´t know what the contingent price is.
It could be higher than asking.
I don´t have inside info.
Also, the seller probably does not care what price it sells for as long as the seller´s lender accepts it.
One of my last short listings had an offer accepted within 2 hrs of going live.
The problem with the angry taxpayer argument is that we have not had the relevant strings attached to the money we give them.
As an agent, I don´t read the bailout package notices when I list a property. My client is the seller, not the bank or uncle sam.
July 3, 2009 at 6:44 AM #424505DataAgent
Participant“One of my last short listings had an offer accepted within 2 hrs of going live.”
Did the lender accept the deal?
July 3, 2009 at 6:44 AM #424738Participant“One of my last short listings had an offer accepted within 2 hrs of going live.”
Did the lender accept the deal?
July 3, 2009 at 6:44 AM #425020Participant“One of my last short listings had an offer accepted within 2 hrs of going live.”
Did the lender accept the deal?
July 3, 2009 at 6:44 AM #425089Participant“One of my last short listings had an offer accepted within 2 hrs of going live.”
Did the lender accept the deal?
July 3, 2009 at 6:44 AM #425254Participant“One of my last short listings had an offer accepted within 2 hrs of going live.”
Did the lender accept the deal?
July 3, 2009 at 9:03 AM #424545sdrealtor
ParticipantProbably the agent trying to slip their own buyer in on it but it is not fraud. The lender has the choice of accepting, rejecting or countering the offer. It is not the sellers obligation to bring them the highest offer and sometimes it is not in the sellers best interest to do so (i.e. someone submits an offer well beyond what a house could appraise with financing they will never get).
BTW, if you would pay more for that house than what it is listed there is no way you can ever expect to win our wager.
July 3, 2009 at 9:03 AM #424778ParticipantProbably the agent trying to slip their own buyer in on it but it is not fraud. The lender has the choice of accepting, rejecting or countering the offer. It is not the sellers obligation to bring them the highest offer and sometimes it is not in the sellers best interest to do so (i.e. someone submits an offer well beyond what a house could appraise with financing they will never get).
BTW, if you would pay more for that house than what it is listed there is no way you can ever expect to win our wager.
July 3, 2009 at 9:03 AM #425061ParticipantProbably the agent trying to slip their own buyer in on it but it is not fraud. The lender has the choice of accepting, rejecting or countering the offer. It is not the sellers obligation to bring them the highest offer and sometimes it is not in the sellers best interest to do so (i.e. someone submits an offer well beyond what a house could appraise with financing they will never get).
BTW, if you would pay more for that house than what it is listed there is no way you can ever expect to win our wager.
July 3, 2009 at 9:03 AM #425129ParticipantProbably the agent trying to slip their own buyer in on it but it is not fraud. The lender has the choice of accepting, rejecting or countering the offer. It is not the sellers obligation to bring them the highest offer and sometimes it is not in the sellers best interest to do so (i.e. someone submits an offer well beyond what a house could appraise with financing they will never get).
BTW, if you would pay more for that house than what it is listed there is no way you can ever expect to win our wager.
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