[quote=recordsclerk]
This is why I suggest that you talk to the agent to get the advantage. If you call it cheating then it’s cheating. I make 35K a year working 40hrs a week and I’m not going to throw away my money because I want to play fair. The system is cheating us.[/quote]
RC, believe me, I am with you. I wasn’t implying anything about you. I was deploring the system. It’s the system that’s wrong. You do what you have to do. I was earning as much as you not so long ago, and still fear I’d go back to that salary, so I can totally relate.
As a buyer, I hate short sales because of all these uncertainties and unexpected things. I can understand dealing with multiple offers and REOs, there the game rules are clearer. You will be judged by your offer price and your downpayment/cash. And you hear back very soon, compared to short sales. Unfortunately, a good portion of the market is now short sales 🙁
Really, why do short sales have to exist?. Why not just foreclose if one can’t/won’t pay and let the bank(s) sell the house.