I looked at a house on short sale at 6/19/17 at 10727 NW 67th Way Alachua Fl at 2pm that price was drastically reduced by $50,000. An offer of $225,000 was submitted on Tuesday morning ($5,000 less than asking price) via 40% cash and 60% mortgage backed line of credit. I was told buyer did not like our line of credit, so offer was changed to $235,000 cash. My realtor constantly asked them to let us know where we would need to be at. as I could have offered more for the house. Thomas Group refused to cooperate, and stated that buyer accepted an offer (which I suspect is less than my offer or even what I was willing to go to for the house). While it is not fraudulent, this business practice is highly unethical. In a short sell, with all factors being the same, you should accept a higher offer or someone willing to make a higher offer. Highly unethical business practices. I will be contacting the MLS board and the lending institution as well.
I looked at a house on short sale at 6/19/17 at 10727 NW 67th Way Alachua Fl at 2pm that price was drastically reduced by $50,000. An offer of $225,000 was submitted on Tuesday morning ($5,000 less than asking price) via 40% cash and 60% mortgage backed line of credit. I was told buyer did not like our line of credit, so offer was changed to $235,000 cash. My realtor constantly asked them to let us know where we would need to be at. as I could have offered more for the house. Thomas Group refused to cooperate, and stated that buyer accepted an offer (which I suspect is less than my offer or even what I was willing to go to for the house). While it is not fraudulent, this business practice is highly unethical. In a short sell, with all factors being the same, you should accept a higher offer or someone willing to make a higher offer. Highly unethical business practices. I will be contacting the MLS board and the lending institution as well.