What must be done if the borrower has not received a response regarding the negotiation of surplus property?

If a borrower has not received a response regarding the negotiation of surplus property, requesting further information is a proactive approach. This action demonstrates diligence in communication and ensures that all parties remain informed about the status of the negotiations. By seeking additional information, the borrower can clarify any uncertainties, understand the reasons for the delay, or receive updates that could influence the negotiation process.

This step is crucial in fostering transparency and maintaining momentum in the negotiation process. Moreover, it could provide insights into whether there are any outstanding issues or if further action is required by either party. Engaging with the seller or the appropriate authority to seek clarification can help prevent missed opportunities and ensure that the borrower’s interests are adequately represented.