Typical wait time for an answer from bank after 'Highest and Best Offer'My husband and I have been searching for a few months now for a home and FINALLY found it. It listed this past Thursday and we put our first offer in on Thursday. By Friday it was in a multiple offer situation. And we upped our price by 17,000 over asking with a $2000 earnest. The highest and best had to be in by Sunday. Now, we sit and wait. I should add this is a Freddie Mac first look, so currently I'm not competing with investors. Should we expect an answer by this weekend?April 24 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.