real estate short sales

Who sets the listing price on a Short Sale and why does the bank want more money than the asking price in the MLS? by Aaron Zapata

Real Estate from A to Z by Aaron Zapata, MBA, Broker Who sets the listing price on a Short Sale and why does the bank want more money than the asking price in the MLS? It is common for a bank to ask the buyer to pay more than the listing price and this is why. The listing price is established by the owner of the home and the listing agent.  In most cases, the asking price is below market value because...

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