"I have went ahead and asked the buyer to pay for the appraisal. That was a month ago. I still have not heard back. It's strange because when I did my CMA, the three comparables that were used on the appraisal for sales in the last 90 days were…"
"Funny, I had the same negotiator and he dealt with the situation in the same way. I did not get it. Isn't his job to mitigate loss. I told him he was asking $20,000 than what the property is worth. I did my own BPO which justified my point and…"
"Mike. Any thing is possible with a short sale. Sounds like they are trying to beat a foreclosure sale deadline. If the BPO is too high based on current market conditions then it needs to be disputed. Maybe you should seek legal advice."
Has anyone come across a situation where they push the BPO up and then tell you to hurry and up and counter and close $25000 above fair market value. And to boot............we need to close before the foreclosure date in less than a month?See More
Has anyone come across such a situation where they pushed up the BPO, then they tell you to hurry up and counter and lets get it done before 10/20/2010. You send them the comps justifying your reasoning, they send you back the same email. ????????????????????????????????? Let's hurry up and get it done $25000 above value. See More
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