On short sales, once you get an answer from the bank can you negotiate the offer? 1st offer was 146 bank wants

Melissa
Home Buyer
Des Moines, IA

152 we get an answer back in 3 days. What are the chances of us getting the approval? we been clear to close and i believe other people submitted offers as well. Should i start looking for a different home?

Answers (1)
Lynn Carlson
Agent
Des Moines, IA
FIRST ANSWER

You certainly can negotiate. It is up to you how much time you want to spend negotiating, expect at least another three days for an answer. You are pretty close, at $6000 difference, the monthly payment increase is probably about $40.

Mon Aug 24 2009, 08:21

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