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Updated about 10 years ago on . Most recent reply
JP Morgan Chase Negotiation
Hello BP Forum,
I'm a realtor with Keller Williams SVSI & I'm currently helping a client negotiate a deal that's a bank owned property listed on the MLS...the bank is JP Morgan Chase.
The asset manager has asked for highest and best. I'm just curious if anyone has noticed a specific way of using a quick closing to improve their chances of the offer getting accepted with this bank?
What do you think of something like "Buyer to close within 5 business days of mutual acceptance"?
Thanks for your help!
Virgil Horner
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Most banks will have a 30 day closing, as all the title searches can't typically be done in 5 days anyway.