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Updated over 12 years ago on . Most recent reply

User Stats

144
Posts
6
Votes
Bruce L.
  • Nevada
6
Votes |
144
Posts

2013 - Discounts on Short Sales Anymore?

Bruce L.
  • Nevada
Posted

It is true that most buyers now a days post year 2013 are not able to get the banks to approve short sales at a discount anymore.

I heard now, the bank is countering back pretty much at market value, is that the case for you guys?

Are you still able to get banks to approve short sales for a discount?
If so, at what price range and how much of a discount compared to market value?

Most Popular Reply

User Stats

93
Posts
12
Votes
Angel Perez
  • Investor
  • Torrance, CA
12
Votes |
93
Posts
Angel Perez
  • Investor
  • Torrance, CA
Replied

I've been told the same thing that J Scott stated. I have also been told you can get them to accept about 10% less than whatever the BPO comes in at.

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