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How does the bank or lender decide what price to put on the property?

April 26, 2017Bank decide Lender price Property

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How does the bank or lender decide what price to put on the property?

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The bank or lender does not make that decision. The bank or lender entertains any offer that is proposed by a realtor. When an offer is tendered, every bank or lender has their own method of deciding what they will accept on a short sale.