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Eric Coffey Eric Coffey is offline
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Join Date: Nov 2000
Location: AZ
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Quote:
Originally Posted by speeder View Post
And now it's a moot point anyways because 5 min. after writing post #4, the listing agent returned my call and told me that it was sold an hour before.
Sold an hour before? Really? Lame.

The fact that the listing agent took your info tells me it may have an accepted offer, but that is a far cry from being "sold" (as in funded/closed/recorded).
It couldn't hurt to throw him a legitimate back-up offer. That way he will have something to present the seller (as opposed to just a verbal), and it might bode well if the deal starts to crumble.

Quote:
Originally Posted by speeder View Post
This was an estate/probate deal.
Ahh, well if that's the case, you probably dodged a bullet. Probate sales can be an absolute nightmare that drag on for several months.
That said, in many instances/jurisdictions an accepted offer may not be binding, and is subject to confirmation by the court. It can serve just to "get the ball rolling" so to speak.
You might ask the listing agent if that offer has just been submitted, or if it has actually been confirmed/accepted by the court.
Old 08-03-2016, 07:21 PM
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