Are Approved Short Sale Asking Prices Negotiable

[Ossie Moore]

I am educating myself on buy-n-hold investing. As part of that, I have been watching zillow/trulia listings, the BP market place, craigslist, several local property sites, etc. I have a question about short-sale properties. When a listing is offered at a price that is a "lender approved" short-sale price, is it likely that that is the bottom line price or is it just a likely that is an indication that the lender is willing to negotiate further? I am asking because I'm keeping in mind a 70% ARV goal.