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Who sets the asking price for a short sale home on realtor.com and other advertisings?

by Wade Morris Dunwoody Realtor on April 21st, 2011

Can I assume that the bank has approved the listing price when I see a nice home pop up for much less than the other homes in the neighborhood? When the listing says Allow time for 3rd party approval does that mean the bank has not approved the asking price?
short sales are bad news guys!

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about the author Wade Morris
I’m part owner of Home Source Group of REMAX Greater Atlanta Realtors® specializing in Atlanta Homes in Brookhaven, Chamblee, Dunwoody, and Sandy Springs. Whether you are buying or selling your home we work with resale’s, first-time home buyers, companies relocating people to Atlanta, and most home sellers in northern part of the Greater Atlanta area.
Contact Me today
678-248-3500
wade@wademorris.net
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