Stephanie Grantham's Blog (1)
MI REQUIRING MARKET VALUE FOR PROPERTY IN EXTREME DISREPAIR....HELP!!!!
We recently submitted an offer to ASC for a short sale property at 84k (market value at 115,000 property needing about 20k in repairs) Lender countered at offer of 99k - buyer countered back at 90k. I received an email yesterday from the negotiator that the MI company is now requiring at NET of 96k - Is this deal dead or is there something I can do to counter this??
Added by Stephanie Grantham on August 10, 2011 at 3:38am — 2 Comments
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