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Updated about 11 years ago,

Dennis Suratna's profile image
Dennis Suratna's profile image
Dennis Suratna
  • from San Francisco, California
  • Member since Nov 3, 2013
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Dennis Suratna's profile image
Dennis Suratna's profile image
Dennis Suratna
  • from San Francisco, California
  • Member since Nov 3, 2013
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Dennis Suratna
  • San Francisco, CA
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18
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Foreclosures

Negotiating on price of short sale

Dennis Suratna
  • San Francisco, CA
Posted

I am just wondering whether it makes sense for a buyer to give an offer less than the price posted. Based on my understanding of short sale, the posted price is lower than the value of the property when it was purchased. Given that fact, it is highly unlikely that the lender or the seller to agree on a price that is lower than the posted price.

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