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Updated over 8 years ago,
How low can I haggle a short sale?
I'm interested in a property that is listed as a short sale for $30k... It needs some love. My understanding is that the bank needs to approve the amount. How much are banks willing to negotiate? I understand they are not in the business of real estate and want to get rid of the property, so how much can I use that to my advantage? Or when they set an amount, that's it?