My bad for wording my postings so poorly. So let me try to word it better, does the listing agent have any input into the lender for the original list price? Since I do not get any REO listings I don’t want to post something that I do not know about. You seem to be more connected with obtaining REO listings and per your earlier post it seems that the appraisal and BPO are 100% the determining factors.
So with that said it seems that the Chapalita list price was way way way out of whack. I don’t see how the heck a BPO or appraisal could have come in at 360k.
Now I am positive the listing will sell for much higher but would you classify the list price on that home as a boner by the appraiser and BPO? Also if you check out the other Greg Scott listing (search by list agent) would you say the same thing?