Sellers Accepted our offer finally but still no contract?!?

Question

we put a lowball offer in on a house 2 weeks ago. they straight up rejected it. so after that happened they said that they had another offer on the table so this past friday they said they wanted our highest, best, and final offer. so we did just that. on friday night our agent called us and said that they were closely consider the offers and thanks for our patients and that they would let us know very soon. omg we were like on the edge of our seats for a day! saturday afternoon our agent called us and said they accepted our offer and were asking proof of funds and a new pre qual letter. so we got on it and since it was the w/e we couldnt do to much but by 9 30 am today we had everything they asked sent. although we still have not heard anything from the sellers agent! i am getting nervous bc since we didnt sign a contract that means they can still show the home and still get offers. what do u think is going on?!? we offered 2k below asking price so it was a pretty strong offer and in 60 days we were the only offer untill supposedly someone put an offer in right after us... i really think they were lying tho. what r ur thoughts and does it nrmally take this long to go under contract once offer is accepted? 1st time home buyer btw.

Answer 1

Best Answer - Chosen by Asker

first time buyer? really?

until they have signed agreement you do not have an accepted offer. they pulled a fast one on you. your first offer was the best they had. they tricked you into increasing it.

Asker's Rating:

Asker's Comment:

well we signed a contract tonight. the house is nice and very cheap so we regardless if they tricked us or not. we are very please considering the situation we are in and in need of moving asap.