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Buying or Selling a Home/Someone trying to sell a house that's been sold??? maybe???
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Question
I responded to an ad on Craigslist for "owner will carry" list-
)
ing; my creit is fabulous, but I can't get a loan because I'm
underwater (altho' current) on my mortgage. Here's what I think
happened. I called the # in the ad, left a message. Guy called
me back, I talked to my husband. I sent him an e-mail asking for street addy so I could do a drive by. However, I did a little checking on the Internet %26 this is what I found: SALES IS PENDING thru a Cent 21 agent for about $25k less than the pending sale price. I've got half a mind to call the Cent 21 agent to let her know what's up. Pissed me off. I haven't gone back to this guy to ask him why he's trying to sell a house that's already been sold. What do you suggest I do about this?
Unfortunately, Ann, there are indeed a few real estate agents who are less than honest. What that guy obviously was trying to do was to find buyers. Presently, agents are having a heck of time trying to find legitimate buyers. So, he puts down an address in Craigslist, Realtors or whatever site has listings for sale, any address, and he then shifts the buyers over to what they are really looking for by asking them questions. Surprise, surprise "he discovers" that the property has a contract on it. So, then he works on the buyer and hopefully is able to sell him something else.
If it was me, I would find another ethical real estate agent and tell that person that I was willing to pay more for that listing. The banks (if that listing is an REO) are very unethical these days and think nothing about cancelling an existing transaction if they smell a higher price somewhere. If that ethical agent you find tells you he/she would rather find you something that is more apropos, then you know that agent is REALLY ethical, the way it should be. If that pending sale is a regular transaction (no foreclosure or short sale), then chances are you would never be able to put in a good offer unless you want to submit a "backup" offer.
I do wish you well.
Dick Dennis
dixiedee13@aol.com
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- Overpriced Listings - Why Real Estate Agents Take Overpriced Listings
Answers by Expert:
- Dick Dennis
- Jessica Bryan
- liznarr
- Hans Weber, Licensed Broker Associate
- Sue Bernstein
- Karyn Foley
- Dottie Worthington
- Jim Root
- Russel Ray
- Connie Wildasinn-Broker,GRI,RealtorŪ
- Todd C. Menard
- Diann Tonnesen
- John Hendricks
- Jay Denit
- Matt Heisler
- Lisa Webber
- John
- Laurie Stephenson
- Marvin G. Bobbitt, III
- Nori J. Muster
- Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO
- CJ Brasiel
- Jeff Kessler
- Kathryn Hisert
- Emily
- Ted Lewis
- Kerrin Kostelic, FL Broker Associate, GRI, AHWD
- Tim Norris
Dick Dennis
Expertise
With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.
Experience
Solving real estate problems for 37 years.
Organizations
National Association of Realtors
Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate
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