Unfortunately banks do not talk to buyers or even buyer agents. A third party authorization must be signed by the seller and approved by their lender. A fifteen day approval for a short sale is, to be frank, laughable. Minimum of 60 days should be given for lender approval. If the price was not bank approved there is no guarantee that they will accept that number, even if it is in line with current market value.
Negotiators changing, no response from the lender is sadly very typical behavior for a lot of banks on short sales. Patience is a necessity in these situations.... more
It depends on the market price on the property. Now a days you can buy a foreclosed home or a short sold home 20% below market value. I would suggest you to have a local realtor to advise you on the home prices, to fo a CMA(a comparable market analysis) on the property you want to get.... more