Updated almost 12 years ago on . Most recent reply

Short sale question
I am looking at a property that is for sale via short sale, it is a low cost home, but not in a bad area. It is listed at 30K, I plan on getting a 401K loan and making an offer. The 30K list price means that the lender has agreed to take that price right? Would I be crazy in offering 20K with proof of funds and being able to close in 5 days?