Short Sale Cash Offer ?
I'm looking at a short sale tomorrow that just came on the market. I spoke w/ the listing agent today and she told me the bank already approved selling at a number. Is this number what the BPO came in at and if I offer lower than that would they just trash my offer? I was hoping to offer about 85% of the number she mentioned and write it as a cash offer. The house if pretty trashed and needs a lot of work and w/ that number she gave it would have to go to a owner occupant IMO.