New Member
ABray2012
Posts: 3
Registered: ‎06-28-2012
Preapproved! All listings here seem to be short sales.. questions about negotiating..

I've never posted here but been reading the forums for several months!  We have been approved for 120,000 loan (FHA). We are a single income family.  Living in florida it seems like the listings ratio is about 80% short sales and 20% regular ... obviously this could be an exaggeration but it seems that way! We obviously want to negotiate to get the best deal possible. When it comes to short sales and the listed "bank approved" price... is there normally still room for strong negotiations? Is there a rule of thumb of what to offer on a property compared to asking price?  We are liking a lot of homes in the low to mid 130s currently.

 

If i'm not making sense forgive me lol, I have two under two and my brain is a tad fried today!