Short Sale Negotiation
I just received bank approval, but after looking at the home again I'm concerned that the cost of the repairs will be more than I had anticipated. I will be bringing in an inspector and contractors to nail those figures down.
So the question is -- if I do need to renegotiate the price with the bank (Bank of America) how tough, time consuming, will that be? Will it start the process over, how likely are they to pay hardball? What has been your experience?