Rejected
Like it's not bad enough to drag an offer out 72 hours past its expiration, but then to reject said offer with no counter offer and no explanation is just plain bad business practice. Especially considering that the offer came with a letter of pre-approval and was for 100% of the asking price for the house. Oh well, there are plenty of other houses in this Chocolate Citytm for sale.
I wasn't going to bother posting, but then I remembered that this blog is about the entire process, for better or for worse, of buying and flipping a home. Offer rejections are part of the game, so I decided to let it all hang out, so to speak.
Having said that, I signed an offer on another house tonight. While more expensive, it is in a better part of town and has the potential for an even greater profit when flipped. I will be taking pictures of it to post this weekend, so until then, amuse yourselves.
I wasn't going to bother posting, but then I remembered that this blog is about the entire process, for better or for worse, of buying and flipping a home. Offer rejections are part of the game, so I decided to let it all hang out, so to speak.
Having said that, I signed an offer on another house tonight. While more expensive, it is in a better part of town and has the potential for an even greater profit when flipped. I will be taking pictures of it to post this weekend, so until then, amuse yourselves.
posted by Thomas at 8:16 PM
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