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sk2
Joined: 12 Jan 2008
Posts: 2
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| Posted: Fri Jan 18, 2008 2:45 am Post subject: Starting offer |
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| The listing price is $180,000. Is $158,000 too low of an asking price to start on a short sale? |
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liverichly
Joined: 10 Feb 2005
Posts: 199
Location: Orange County, CA
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| Posted: Fri Jan 18, 2008 4:34 pm Post subject: |
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| Probably, seeing that the seller probably listed it to the point where their lender was comfortable... but you never know until you submit an offer, worst case you'll be countered. |
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wellsman
Joined: 04 Feb 2008
Posts: 16
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| Posted: Mon Feb 04, 2008 3:50 pm Post subject: Re: Starting offer |
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sk2 wrote: The listing price is $180,000. Is $158,000 too low of an asking price to start on a short sale?
I don't think so, if the lender hasn't had any action on the home.. they might just accept it and move on with the loss.
Good Luck!! |
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Jenie0109
Joined: 27 Jan 2009
Posts: 307
Location: chicago IL
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| Posted: Thu Apr 23, 2009 9:02 am Post subject: |
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| thanks for the tip. thats a lot of money. |
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