My fiance and I have a bid in for a house owned by Bank of America of 105k. They countered our offer saying they won't pay for FHA fees for 135, a pest inspection, Section 1 repairs and saying we have close by Jan. 22. There are 2 other offers on this home both FHA loans (as is ours) and before they countered our offer, they had the listing agent ask ours if we would sign a contingency saying if the house didn't appraise for what we bid, that we would pay them the difference in cash.

We didn't sign it and that's when they countered offer us a day later. About two days later, the listing agent told our agent that the bank countered another offer and now it has been about 3 days and she hasn't told our agent anything else about what is going on leaving us completely in the dark.

We were almost sure we got this house and I fear that the listing agent or bank or someone is playing games with us. It almost seems to me that the listing agent may be trying to get a friend or client of hers to get this house.

What should we do in this situation? Is there anyway we can find out what is going on? Is she or the bank playing games with us? If we haven't heard anything back from them for such a long time does this mean we will probably not get it?

Our actual agent is out of the country so we have been working with her agent so I am begging for someone to help that has some more experience under their belt :(

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 Tags: buying home, bank of america, foreclosure

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