I would greatly appreciate tips on determining bid prices for short sales. I am looking at neighborhoods in La Jolla and Del Mar. Any idea where the broker’s price opinion would be in these areas compared to current comps? How much would banks be willing to take compared to broker’s price opinion. I have verified that the sellers have conventional loans with only one lender. I also have a strong cash position.
Any help would be great.
Thanks a lot!!![/quote]
Now this determination is more difficult if this new program adopted by several home owners -see the link below and the Tile is “Program Will Pay Homeowners to Sell at a Loss”
