Ann, very true, I have seen that as well, even buyer wanting to buy with ZERO down?? hmm 2005 is long gone.
Andrew, completely agree, not sure about you, but my team and I have encountered buyer with firm mind set on their view, makes it hard to convince otherwise. But yes, it is our job.
Alma, we have seen prices about $20k lower than real market value on shortsales. The last one was on a $335k house, which was mispriced at $300k shortsale, I advised my client not to be surprised if the bank comes back at a higher price later on.
Thank you for your comments :) Happy selling!