The Sign of The times in Southwest Florida ! Help the banks for your best price! 

Joe Kendall, Realtor with Sandals Realty 239-560-0726 www.viewswflorida.comwrites. Getting the bank or lender to take a low offer can be a challenge in it's self! What the banks think the property is worth and what the buyer thinks sometimes is what it's worth can be as wide as a river apart in distance. I would suggest you have your Realtor do a CMA on any home you are thinking about making an offer and the most recent of a week or two are the best not what it sold for over a couple of months ago. One tip that I would like to share with my readers if you are not a cash buyer and you are going to make a offer on a foreclosure or bank short sale home and you are going to be getting a mortgage I would strongly suggest you get preapproved with the current mortgage holder of that property (specially with the sub prime regulations now tighter)! First of all you can send the pre-approval letter with their company and it is real easy for them to follow up on your application. Secondly I would take it one step  farther and get your mortgage from the current lender If the current lender is going to take a loss on the property, getting a new mortgage on the property even if it is a lot lees in amount it helps soften the blow to them and it remains in their cash flow system. If at all possible I would try and pay the closing costs yourself if possible if your offering price is more important then the closing coast if you need it then ad the closing coast in! Your Realtor should be able to research to find the curerent mortgage company on record. Please call or email me for more information and suggestions for purchasing bank foreclosures and short sales  property. Joe Kendall my direct line is 239-560-0726 or email Joek4realestate@aol.com