Are Ea Playing Games With Repo???

scottburke

went to view a house 3 weeks ago (repo on for 250k). 2 weeks after viewing EA rings me and says the company who repo d it are looking for an offer of 200k which would secure the property and where we interested?. so told EA would get back to her, needed to speak to my wife. got mortgage broker to ring EA that afternoon with offer of 190k for property as got mortgage AIP . EA rings me direct an hour later and says someone offered 190k it was turned down offerer wasnt in position to complete anyway. they are looking for 200k so will you meet them in middle at 195k and she would tell them we could complete very quickly as no house to sell of our own. i said ok we ll offer195k. she said after speaking to repo company she would get back to me. 1 week 1 day later nothing. so rang EA. she told me my offer of 190k was rejected there looking for 200k. i asked her if she remembered our conversation last week when we upped our offer to 195k to meet in middle? she said -oh sorry yes that was rejected too they still want 200k. but the managers at the repo company are looking at all offers in again tommorrow cause they want it off there books. i just said fine and put phone down.:mad:

are me and my wife been played?? :mad:

bit long winded story sorry. but any advice please..... thanks:o

sdooley

stick to 190 - looks like you will save 5K due to EA's mistake!

clutton_2

EAs and Lenders have a legal duty to get the best possible price for their repossessed client