no response on offer
I put an offer in on a place on 3/25 that had been on market since 3/19. offer was over asking price of $238k on $232k with 20% down and preapproved with no termite. they asked on 3/31 for some initials at which time they said the offer is complete and it takes 4-5 days to hear from client. checked on 4/7 and they said they have 45 offers and havnt figured it out yet. now its 4/14 and still nothing. do they have any sort of time to respond?
i guess this is normal and i should just get more offers out there. probably higher over list price? seems this blind bidding war is a little rigged.
any input is appreciated. luckily i might have another option up the street through a private seller, who is already an aquaintence and the home is not listed.