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Redfin Real Estate Forums :
Bay Area :
RANT: Bank was still accepting offers for SOLD property??
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RANT: Bank was still accepting offers for SOLD property??
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hellokitty
Contributor
Posts: 32
Registered: 06-23-2009

Message 1 of 3

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On October 9, we submitted our offer for this place: http://www.redfin.com/CA/Union-City/519-Tamarack-Dr-94587/unit-23/home/1885270 and now I'm seeing that it sold on Sept. 25??? (Thanks Redfin for the new features!) How does that happen? This makes no sense! Immediately after several parties submitted their offers, this place went "inactive" on the MLS. First the listing agent let everyone know that it was a multiple offer situation. Then the agent let the realtors know the bank pulled it because they weren't sure if it should be in the short-sale pile or if it was still going to be foreclosed. We never heard back and my realtor was unable to get any information. Now, I see it had already been sold for several days prior!? How are we supposed to "buy" anything if even the banks and listing agents don't know whats going on with their own properties? This is so frusterating... I really liked that neighborhood! There was a Starbucks across the street. LOL
Buyers market? HA! More like investors market.
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11-05-2009 11:38 PM
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