After my short sale package has been accepted by the bank, I will be negotiating with them on the final price, right? So it must be all right that the price in the purchase and sale contract will be different than what I actually get the property for from the bank?
And thanks to everyone for the help with my other questions.
If they have accepted your offer…that’s the price you pay…
What ever the contract that the bank accepted is what you pay.
unless they let you do an inspection and you can negotiate the price.
When a lender accepts a SS package, thats it. Their approval is based on conditions that must be met by a specified date.
You do not get to further negiotate.