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Old 04-02-2013, 06:34 PM
 
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The listing agent said the 1st BPO was close to our offer, and I am prepared to go 10% higher, but prices are definitely crawling up in the area I'm looking at. Will the bank consider the 1st at all, if the 2nd BPO comes in much higher?

Another house I really like came on the market today, is perfect for my needs, and a standard sale. The SS is an incredible deal, and would have much more potential for resale. I'd be happy in either, but I'm getting a little tired of being in limbo.

Any advise would be appreciated. Any one with a crystal ball, especially so...
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Old 04-02-2013, 11:10 PM
 
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We werefaced with a similar decision. A conventional sale that fit our needs abd budget, or a SS that was closer our dream home at a steal. We chose to go with the SS and are set to close in a couple of weeks :-)

It will need some work, but will be an impressive home on a modest budget. We glad to have gone out on a limb so far,and excited to get this thing closed.

Good luck in your decision. I say if you aren't in a rush to move explore the SS in terms of how many/who the lien(s) are held by and make an educated decision from there. Doing our homework on ease of transaction with our particular SS saved a few headaches.
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