When working with a Coatesville short sale it can be confusing to figure out how much you should actually offer on the home because there are so many different price opinions that surround the home. Understanding all of the Coatesville short sale price opinions can be a great way to help you put together a viable offer for the lender.
First is the asking price on the home. This is the price that is established by the seller and the seller’s agent. It is the price that will be found on the listings for the home. The asking price on the home has no bearing on what the bank will accept so while this price may get you seller’s approval it may do nothing to help you secure the home.
Second is the price set by the BPO agent. This price is established by comparing homes that have sold within a