yes, I have a short sale out if new york...was purchased for 560, now the broker wants 400, and does any thing I should go with the 20% below the asking?

I am a licensed broker and certified appraiser.

He is a broker that gives you the insight of the mortgage business and how it works.

If you go to a bank or most mortgage brokers and say "I want a loan to buy a house", you'll get a conventional "purchase money" loan.

Try looking at broker outpost.

In my opinion if you are just starting out and somehow end up buying an asset at the deed sale, that would sugest the the more experienced broker simply passed on it for some good reason.

Network with agents and brokers in your areas letting them know you are looking to help homeowners who are in default2.

You deal with National Bank, local mortgage broker, or local banks?

The appraisal has come back this week at 91K.I am working with some brokers but the process is very slow.

Find something else that does suit you.By the way I'm sure you could do the whole $300 - mls flat fee listing but I think youd have to a broker.