Well, the video of the inside of the house, and the awesome yard, is still uploading. Meanwhile, we've received 6 offers. The asset manager has requested "best and final" offers, including "AS IS" condition and "seller's choice of services".
It never ceases to astound me when the buyer's agent making an offer on a bank owned property tries to specify his preferred Escrow and Title company in the contract. In a market like we have today, with well-priced REOs attracting multiple offers, there is only the smallest chance that the bank would accept such conditions. The net effect is to make his client's offer less attractive, cumbersome, and, dare I say it, annoying.
Tuesday, September 22, 2009
Multiple Offers - Best and Final Requested
Labels:
Anaheim,
Bank Owned,
Multiple Offers,
Orange County,
REO
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