Does anyone know how state trustees operate in terms of accepting offers?
Background. Owner has gone into a nursing home and State Trustee (ST) is selling the house. It went to auction and was passed in with no bids.
It is now for sale with a narrow price guide. Selling agent told me the lower price was the reserve.
I would like to buy the property. I will pay in the asking range. I asked to sign a contract that they could present the ST. I asked when they would be presenting this to the ST.
I was told no I couldn't sign the sale contract. Just write on a piece of paper our offer and conditions. I was told they didn't know when they would present it because they were waiting on other offers. I asked when the other offers were going to be submitted and was told he didn't know. I asked why I couldn't submit my offer and have them present it to ST and they said they were waiting on other offers. I asked if they had any offers today and was told no and so the merry go round went on. I wanted to sign and pay required deposit.
I don't know what games are going on here. I have a contract of sale here. Do I sign it with my offer and email it direct to the ST contact on Monday morning with a follow up phone call.
I don't have any faith in the REA. How do you know that they actually present an offer to the vendor? I would have thought ST would be happy to accept in the range and have a quick sale.
Background. Owner has gone into a nursing home and State Trustee (ST) is selling the house. It went to auction and was passed in with no bids.
It is now for sale with a narrow price guide. Selling agent told me the lower price was the reserve.
I would like to buy the property. I will pay in the asking range. I asked to sign a contract that they could present the ST. I asked when they would be presenting this to the ST.
I was told no I couldn't sign the sale contract. Just write on a piece of paper our offer and conditions. I was told they didn't know when they would present it because they were waiting on other offers. I asked when the other offers were going to be submitted and was told he didn't know. I asked why I couldn't submit my offer and have them present it to ST and they said they were waiting on other offers. I asked if they had any offers today and was told no and so the merry go round went on. I wanted to sign and pay required deposit.
I don't know what games are going on here. I have a contract of sale here. Do I sign it with my offer and email it direct to the ST contact on Monday morning with a follow up phone call.
I don't have any faith in the REA. How do you know that they actually present an offer to the vendor? I would have thought ST would be happy to accept in the range and have a quick sale.