Not necessarily, although the home is bank owned, they are receiving their pricing advise from an outside real estate professional. Between the time the advise comes in and your offer came in, the prices may have dropped. Ask your realtor if he/she could resubmit it. (maybe a couple of times). Also, please be realistic about your pricing. Although it may seem overpriced, your don't want to severely underprice your offer. Good Luck! - Tue Apr 29 2008, 09:15
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.