Well...no one told us it would be easy. Again, I find this out. WE have been working on a short sale since February and have just found out that the property does not appraise for the short sale price...Yep...that is right. The Bank will not accept the amount of the appraised value so our deal is dead.
What do you think is going to happen when I get another offer for the appraised value not?....I know..by the time the bank gets around to accepting the offer...the property will not appraise again. Price are still going down.