Short sale question

[scooterbug44]

A couple properties I am looking at are short sales subject to bank approval.

Is the listing price pretty much the price that will be accepted?

No lowballs etc.

 

[dunelover]

Good question. I would like to know too.

Scooterbug, I have noticed a few listings that have said something like, "the bank has already agreed to price" . I don't know how that negotiation takes place. For instance, was there another contract that busted? Or did the bank list these at their supposed bottom dollar, or is it some sort of "realtor speak" ?