Accepting Broker Price Opinions for Short Sales
Getting a lender to accept a broker price opinion for short sales will not be difficult but you may not get a fair market value for the home. First of all, the bank really doesn’t want to enter into a new agreement that decreases the mortgage amount. They will fight you on the process unless they are getting close to what they already receive for the home. A broker price opinion will much likely favor the lender than the new buyer.

