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Are Banks Losing their Generosity toward Short Sales?

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Real Estate Broker/Owner with True Sarasota Real Estate

Are Banks Losing their Generosity toward Short Sales?

It seems that as or recent, banks are no longer just letting short sales go to the first low ball offer. In fact, more and more, they are looking for very close to market value, which has buyers wondering why bother with the wait and the hassle.  So, are Banks Losing their Generosity toward Short Sales?

http://truesarasota.com/banks-stick-to-value-in-short-sales/201104151043

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Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

William. I think banks have always wanted as close to market value as possible. And I agree. The higher the offer the easier the deal.

May 22, 2011 02:27 AM
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