Hi Folks!
Appreciate any help/info on this. We are first time home buyers and have put an offer to this property. The real estate agent mentioned to us that 'they are recommending us as the purchaser' to the seller and that the seller is a bank. That has been close to 4 weeks ago and we havent heard anything back.
- Is this normal in terms of delay?
- Any information on dealing with a seller that is a bank? Ive gotten anecdotes about how its easier to deal with a bank because they are only looking to get market value for the property and also that it will take longer compared to a private individual selling because of the additional red-tape that happens in office decision making.
Thanks!
Appreciate any help/info on this. We are first time home buyers and have put an offer to this property. The real estate agent mentioned to us that 'they are recommending us as the purchaser' to the seller and that the seller is a bank. That has been close to 4 weeks ago and we havent heard anything back.
- Is this normal in terms of delay?
- Any information on dealing with a seller that is a bank? Ive gotten anecdotes about how its easier to deal with a bank because they are only looking to get market value for the property and also that it will take longer compared to a private individual selling because of the additional red-tape that happens in office decision making.
Thanks!