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Updated about 15 years ago on . Most recent reply

Dave Stevens's profile image
Dave Stevens's profile image
Dave Stevens
  • Investor
  • from Wayne, Pennsylvania
  • Member since Sep 17, 2009
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Dave Stevens's profile image
Dave Stevens's profile image
Dave Stevens
  • Investor
  • from Wayne, Pennsylvania
  • Member since Sep 17, 2009
Connect
Dave Stevens
  • Investor
  • Wayne, PA
0
Votes |
21
Posts
Foreclosures

Need Some Advice

Dave Stevens
  • Investor
  • Wayne, PA
Posted

I'm working on my first short sale. The bank is Citi Mortgage. All my paperwork is in and has been sent to negotiator. My comps show a value of approx $250K. My offer was for $175K. I got this email today from the negotiator:

The investor will require a Net of $229,500 on this property before we can consider this for a short sale. Please revise this offer and send me an updated HUD when completed.
This file will be closed until I receive the achieved amount.

Should I get my own BPO?

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