Mark, Home Buyer in El Cerrito, CA

was a short sale. but no longer due to lots of buyers. this home also will never appraise at the asking price. are we crazy to bid well above asking?

Asked by Mark, El Cerrito, CA Sun Jun 30, 2013

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It was a Short sale, is not longer? it means is Bank Owned? if there are a lot of buyers the bank will accept the high offer. (the market is going up so fast). is up to you to bid over the asking or wait for other better opportunity, The last news it is "sellers market" it means there are multiple offers.
0 votes Thank Flag Link Mon Jul 1, 2013
If you can get funding for well above asking and you wish to do so, it may get you the home.
0 votes Thank Flag Link Mon Jul 1, 2013
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