I sell REO properties here in the Phoenix Metro area, We Last evening I eceived a Cure notice from a agent, informing me that the seller is in breach, i looked at the notice it was because the seller did not respond to his Buyer inspection notice which he submitted on 1/19/2010.
Well, Here in AZ you have a 10 day inspection period to inspect the home, This concludes with the submission of a request for repairs.
Once the request is submitted the seller has 5 days to respond, they can either say yes we will fix everything, no we wont fix anything or here is what we will fix.
Buyer has 3 days to respond.
Now here is teh thing, No response is a response, the response is we are not doing anything, this agent is attempting to confuse the situation because her missed his time lines, he didn't read the contract and misrepresented his client.
This agent was operating outside his area of expertise and cost his client.
the client will never know anything but that they lost their earnest money buying a REO form a big bad uncaring bank, nothing about the fact that he missed his dates.
Oh his best answer when i was attempting to talk to him was that "I'm a broker",
I'm a citizen of this great country but that doesn't make me a good candidate for President.