We are now on day 3 of waiting for a response on our offer. Our Realtor seems to think that the delay in response could mean one of two things: 1) They are so insulted by our offer that they want to send us a message, or 2) the asset manager is trying to get approval for going below their asking price. Since the property is bank owned, I think it is more likely that the asset manager is gone for the weekend and won't be responding until he is back at work on Monday.
I'm not expecting a response until Monday afternoon. If we still don't have an answer by Monday night, I'm going to go mildly crazy. It is amazing how much anxiety this has roused in me. I can deal with moving or not moving - I can't deal well with not knowing.
The good news is that in his inquiries about the offer, our Realtor found out that no one else has shown interest in the property. So yeah! At least we don't have competition to push up the price.
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