Short sale listing price

[Itteahad Zihan]

If the listing price is 100000 for a short sale, shell I offer the same amount or counter offer the lander and if I do counter offer what is the percentage I should offer?

[Minna Reid]

A listing price is just that - a listing price. The lender is not generally even involved at that point yet (for the most part).  If the listing agent knows what they are doing they listed the property for market value, or very close to it. During the course of the short sale approval process the lender will order a valuation of the property which will generally also come in at market value, and this value (along with other factors) is what the lender will use to determine whether to approve the sale or not.  Contrary to popular belief, short sales do not usually sell at huge discounts. Offer what the home is worth to you and know you will be competing with other buyers and ultimately the home will sell at or near market value. Market value is determined by comparable recent sales.