This house is contingent… bank hasn’t approved it yet.
You can offer any price on any property.
In a short sale – it goes contingent till the bank approves it.
In another thread I mentioned I have two friends with offers in on short sales – but are SIGNIFICANTLY below the list price. One has been accepted by the seller – and is contingent waiting on the bank. If he gets it – he’ll get a deal. Others could have submitted offers just as aggressive as he did. But they didn’t.
The list price is just a suggestion. Make the offer on what you think it’s worth.
No one was harmed here. Everyone had a chance to bid in the window it was listed and an offer accepted.
