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Updated almost 12 years ago on . Most recent reply
2013 - Discounts on Short Sales Anymore?
It is true that most buyers now a days post year 2013 are not able to get the banks to approve short sales at a discount anymore.
I heard now, the bank is countering back pretty much at market value, is that the case for you guys?
Are you still able to get banks to approve short sales for a discount?
If so, at what price range and how much of a discount compared to market value?
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I've been told the same thing that J Scott stated. I have also been told you can get them to accept about 10% less than whatever the BPO comes in at.