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Kevin and Fred, short sale specialists, go over bank counter offers and what the different kinds are - and how to tell the difference.
Remember: get the BPO!
I just got the crush it package!!! HOLY CRAP!!!!!!! I can't believe what they are giving away in it.
- Adam, Arizona Realtor
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Thanks guys for continuing to be sure we have a daily post even though you are on an amazing vacation! I, for one, appreciate what you guys are doing — always insightful. And by the way, Kevin, I love your flip flops — in fact, I work in my flip flops most days — the other days — Bare Foot!!!
Thanks for making it CLEAR that the banks are not party to a contract!!!! I think that agents pricing a home under fair market value to secure an offer is contributing to the banks feeling the need to counter offer as well…..
I look forward to your daily videos, thanks for keeping them coming. I wanted to tell you congrats on your mention in this months “Realtor” magazine. Have a great vacation. Look forward to seeing you at your seminar at the end of the month.
That’s certainly been my experience as well with BofA although I’ve never gotten a blatant admission.
I tell buyers now that it doesn’t matter what you offer, that the lender will always want more.