After 8 months working on a short sale with a very reasonable offer. The Equator (Bank of America) closed the short sale on me, because a none sense Appraisal, apprised the house for 295K. The house has lots of problem and it does worth only 220k. After sending CMA and talking over and over with the negotiator finally he said maybe $5000 reduction not 45k. What do you do if you were me? Feed back please.
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My FINDINGS ON THEESE HIGH APPRAISALS IS THE COMPANIES DOING APPRAISAL IS ALSO THE ONE WHO GET TO LIST THEM WHEN THEY GO INTO FORECLOSURE!!!!!!!!!!!! SO WIN WIN DEAL FRO THEM GET PAID TO DO BPO AND GET TO LIST AS FORECLOSURE. THERE HAS TO BE SOMETHING THAT CAN BE DONE TO THEESE CROOKS YOU TALK ABOUT DEFRAUD!!!!!!!!!!!!!!!
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