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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
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Foreclosures
HomeForumsForeclosuresShort Sale Offer - Bank Approved Price
Kyle Weckman's profile image
Kyle Weckman's profile image
Kyle Weckman
  • Investor
  • from Chicago, Illinois
  • Member since Mar 21, 2017
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Kyle Weckman's profile image
Kyle Weckman's profile image
Kyle Weckman
  • Investor
  • from Chicago, Illinois
  • Member since Mar 21, 2017
Connect
Kyle Weckman
  • Investor
  • Chicago, IL
3
Votes |
16
Posts
Foreclosures

Short Sale Offer - Bank Approved Price

Kyle Weckman
  • Investor
  • Chicago, IL
Posted Oct 29 2017, 13:47

Hi, 

I am looking at two short sales that both have "Bank approved" prices. I was wondering, does anyone have experience offering less and getting it approved? Or do banks hold firm at that approved number? I have no problem throwing out a low ball offer and it being rejected but I wanted to see if anyone else any luck with this scenario.  I am also guessing it depends on the bank... 

Thanks! 

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