Updated over 15 years ago on . Most recent reply
Help Needed With REO offer that's hanging in limbo.
Got an offer in an REO. It sat there for over 2 months but at a pretty good price so we put an offer in at asking. Suddenly, according to LA, there were other offers coming in so we put in a "highest and best" offer. That was about a week and a half ago and LA keeps telling us that bank hasn't decided yet.
Any tricks of the trade to get the bank moving? Most of my deals are from private sellers and I only buy REO's from time to time (they can be as bad as short sales these days).