Hi there,
We submitted an offer on a condo. Seller’s agent submitted a counter offer FORM which I signed and faxed back to sellers agent. Seller’s agent again signed the counter offer form on DATE. But till today, seller’s agent has not contacted escrow. My agent had to open escrow. Seller’s agent said he needed to get the banks approval. So, do I have any legal rights to buy the property on the agreed amount? Should the seller’s agent have consulted the bank before submitting and approving the counter offer?
Thanks.