Thanks a lot for the comments. I realize location, lender’s balance, BPO, etc all factor into eventual selling price. I am looking at a couple of places where I have a good sense of fair market value. Given that this is a short sale and I have to throw an offer, and wait, is there a rule of thumb on how much the banks will discount compared to BPO? Or what should I offer compared to BPO for them to take me seriously and negotiate with me?
