I notified the selling agent that the offer his client has presented on my listing  and submitted to ING, will not be considered per ING and that the property is going to auction 1/7/2011. The offer was substantial considering ING valued the property at $337,716 and the offer was $325,000 + $10,000 BUYER  paid repairs to be completed prior to closing to obtain financing on the property.....basically $335,000. The selling agent called ING, not because he didn't believe me, but because he…

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I just received a call from Nancy Larson with ING informing me that the foreclosure auction on my listing will proceed Friday Jan 7, even though I have a buyer, because effective immediately, NO OFFERS will be considered unless submitted at least 30 days prior to auction. Unbelieveable & Most Troubling!