Does the Short Sale go for bit prices??

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May 05 2011 - Plant City
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The price on a short sale is what the agent thinks the bank will take. The bank will not look at  a short sale until there is a bonified buyer placing an offer. The bank then will do a BPO (broker price opinion) to see what the home is worth, then you will know what or if the bank will take. Most short ssales are sold at fair market value.

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May 05 2011
 
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