pcb3000's Discussions
Indymac SS
Started this discussion. Last reply by Eric Mieles Mar 18, 2012. 3 Replies 0 Likes
Hi. This is my first post here. Forgive me if I am posting incorrectly. We just submitted our file to IMB 10 days ago. We have heard nothing. It won't be a HAFA based on the home price. Will IMB let…Continue
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Pcb3000's Blog
List Price versus Accepted
Posted on March 16, 2012 at 9:23am 6 Comments 0 Likes
The home was listed on the MLS with 5-10% drops every 2-4 weeks, and no offers for a total of 100 days. Plenty of lookers but no offers.
The first offer was received and accepted after 104 days on market, at 9% less than the last list price, which had been dropped most recently 19 days before the offer.
Short sale package has been received, and the bank has ordered a BPO. The bank is IMB.
Question:
Does the listing history and offer have any…
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