bank approvals

Who sets the listing price on a Short Sale? Why does the bank want more money than the asking price in the MLS?

Who sets the listing price on a Short Sale? Why does the bank want more money than the asking price in the MLS? I often find my customers confused and sometimes angry when the bank finally approves a short sale, but at a higher price than it was listed for.  Why does this happen? The listing price is established by the owner of the home and the listing agent.  The price is typically just below market...

Compare listings

Compare
Call Now ButtonCall Aaron Zapata