Multiple Offers On A Short Sale Already In Review.

What do you guys do when you submit a complete short sale package (with offer) and a week or two later you get another offer. Do you submit the current offer (which is better than the first)? My rule of thumb is to wait for the complete review of the first and then submit offers. I do NOT want the negotiator/investor reviewing multiple offers and coming back to me. The process is already slow enough. Am I wrong?

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Permalink Reply by Paola Martinsen on February 24, 2010 at 7:11pm

Only send 1 offer start low and build up. Never let the bank know a buyer walked unless you have a replacement offer.

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