CA Renter you are very naive. The lenders have enough problems analyzing a single offer. Each of their neogtiators is overwhelemed with about 500 files or more. I cant imagine if we had to present all offers. They would have to increase their staff at least 5 times to handle that and that is being very conservative. From what I can see the lenders are barely capable of tying their own shoes. You give them far too much credit. Additionally, I have never seen a single thing requiring “highest and best” offers on short sales. An offer is presented to the bank and that is that. I have had banks ask for more money but have never heard them ask how many offers there or to go back get highest and best offers. They just say what they will accept.
The level of fraud is far below what would justify increasing their staffing costs by 500%.
