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Updated over 15 years ago,
Short Sales with AHMS
For those actively doing short sales, has anyone had luck getting American Home Mortgage to discount their properties beyond the BPO/Appraisal?
I have three properties with them now, and on two of them the BPO/Appraisal came back okay assuming they would discount 20% like a normal bank. But they have seemed to buttoned up.
Anyone having luck getting a further discount? The only reply I got them from them was that I would have to pay for an appraisal to show them that the property is worth less than they show.
Thanks
Justin