How long does it normally take a bank to respond to an offer on a foreclosure?
I gave a best and final offer on a foreclosure home in Georgia three weeks ago. I know that the offer went from me to my agent to the listing agent to Fidelity National Asset Management Group and then to Chase REO Bank.
In fact the asset manager thought it was taking so long he submitted it twice.
Is there anything I can do to speed up this process? There are many other things I would like to do but cant get started until I know exactly where I stand with this.
Is there a specific reason why the bank would sit on my offer for so long when the other two offers I had given were responded to within 48 hours?
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Tagged with: foreclosure
Filed under: REO Lists
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