Hi,

Different banks have different methods. When the receive an offer:

Some have a waiting period of 3 yo 5 fays to see what else comes in and then negotiate for they feel is best.

Some negotiate each offer as they come in.

Either way, the select the offer they feel is "most likely to close" un the fastest time frame possible. That does not always mean the highest offer, they are looking for the best offer.

We hope this helps,

Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate

In short....Highest bidder..and ALL CASH will really move them!

If you are the first in....you always have a good chance...if your offer is acceptable. I have had higher offers come in after accepting an offer...and they don't have a chance, unless the accepted offer falls out.

Good luck,
Let me know if I can help you in any way!


Joan Wilson (Realtor, SRES, Ecobroker)


California Cool 4 Sale
Prudential California Realty
Direct Phone: 760-757-3468
Fax: 760-946-7894
JoanWilson@prusd.com
License # 01341483

It is my Goal to Increase the Success and Profitability of Those I Serve