Ray Wright's Blog – March 2010 Archive (1)

Will the Banks Ever Get It? Probably Not!

I ran into a previous client today. I had tried to conduct a Short Sale for her back in 2007 to 2008. I had priced the home at $199,000 and received 8 offers. After the bank conducted it's appraisal and

against my strong objections, they determined they would take nothing

less than $259,000. I tried to get the negotiator to come to her senses

and warned her and later her supervisor that they would be taking this

home back if they didn't accept the sale now. All 8 of my…

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Added by Ray Wright on March 16, 2010 at 8:40pm — 1 Comment

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