Tag Archive for: FHA offers

Agent Refuses Solid FHA Offer – For No Reason – Then Has No Offers

There are three ways to look really old: Never wear sunscreen (guilty) Frequently reference the “killer U2 concert” you saw at the Red Rocks Amphitheater in 1983 (“Dude, I like totally cried when Bono sang 'Bloody Sunday’…”) or Refuse FHA offers because you’re concerned about condition issues. We recently had a listing agent refuse to accept the only solid offer she’d received for her listing because it involved FHA financing. She was concerned that the FHA appraiser would flag too many condition issues – and her sellers had already told her they would make no repairs. We looked at the listing photos carefully and saw no serious issues – so the listing agent walked away from her only viable offer for no reason.Read More