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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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UPDATE-Short Sale Offer
Well we offered 20k more. I know-- a lot but it is still a good price for the neighborhood.
We shall see!
Message edited 11/8/2009 3:39:45 PM.
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Posted 11/6/09 7:49 PM  |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Thoughts on an Offer---"Short-sale hearing all offers"
10k is ENOUGH! over asking to start. they make an "asking" price on purpose. just start there and see what happens...
GOOD LUCK!
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| Posted 11/6/09 8:49 PM |
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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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Re: Thoughts on an Offer---"Short-sale hearing all offers"
Only 10k? It would only be a one shot offer because it is short sale. Ahhh!!!
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| Posted 11/6/09 10:05 PM |
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HotAir
LIF Toddler
Member since 8/09 391 total posts
Name:
Lisa
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Re: Thoughts on an Offer---"Short-sale hearing all offers"
I was purchasing a short sale and I was offering them the asking price...we kind of went to contract until one of the sellers (they were getting a divorce) never signed and we eventually pulled out.
Hope it works for you! Short sales can be really annoying and a long process. Once the seller of a short sale accepts the offer it still needs to go to the bank for final approval. The bank can refuse it but then they usually come up with a number that they want. Then, you can offer that amount.
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| Posted 11/6/09 10:23 PM |
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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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Re: Thoughts on an Offer---"Short-sale hearing all offers"
So what do you think I should offer over the asking price?!
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| Posted 11/6/09 10:25 PM |
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HotAir
LIF Toddler
Member since 8/09 391 total posts
Name:
Lisa
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Re: Thoughts on an Offer---"Short-sale hearing all offers"
I would offer what you think it's worth...if that means that it's worth the asking price just offer that. The thing that is also annoying is that sometimes they take a few offers and they all go to the bank and then the bank picks the offer they want to accept. That's what I hear at least.
Personally, I wouldn't offer much more over the asking price. Worst thing they could reject it but then they will come back with something else and then you can offer that. That was my experience at least. Good luck!
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| Posted 11/6/09 10:38 PM |
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