that WAS the asking price— that site has not updated...price was dropped on 4/21 to 60K—realtor- KELLER whom site is at the link, emailed back saying we have to offer the 77k...- sounds like a game...
no accept or reject of offer— no counter offer— just an email saying we have to offer SEVENTEEN THOUSAND MORE!
as i understand they HAVE to at least submit the offer to the seller or bank...
Was it your agent or theirs? I worked with an agent/realtor. So, that might be a difference. I should learn more about it.
The seller should then turn around with a formal counter-offer.
It's been 30 years since I've had a real estate license but I'm certain that hasn't changed.
BTW, what is wrong with the house? Seller or bank desperate?
Even here in eastern Iowa that house would list for 6 digits.