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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Lender's Opening Bid Posted by Dan on September 28, 2006 at 11:36 PM Question: Anyone have any success in getting a beneficiary to lower their opening bid for a trustee sale? If so, what method was used? I've been seeing numerous properties going back to the lender without any bidding, however, if they lowered the opening bid just a few percent (perhaps lowering from $300k to $285k) there might be more interest. I've been close to pulling the trigger at sale lately, but the opening bid was just a bit too high. I realize there are just a bunch of paper pushers on the other end unwilling to make a decision, but I can't help but believe there must be a way to convince them that it is in their best interest. Thanks.... Follow Ups: Legal Precedent Joseph 6:34 AM, 09/29/06 (8) Second Request for Legal Precedent Bill H 6:43 PM, 09/30/06 (4) Bill here's your answer Joseph 7:38 AM, 10/02/06 (3) Re: Bill here's your answer Bill H 5:41 PM, 10/04/06 (2) Zero Average Joseph 6:37 AM, 10/05/06 (1) Re: Zero Average Bill H 8:57 AM, 10/05/06 (0) Re: Legal Precedent Bill H 1:21 PM, 09/29/06 (0) Re: Legal Precedent bukzin 7:40 AM, 09/29/06 (1) Starts with Appraisal Joseph 8:52 AM, 09/29/06 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Question: Anyone have any success in getting a beneficiary to lower their opening bid for a trustee sale? If so, what method was used? I've been seeing numerous properties going back to the lender without any bidding, however, if they lowered the opening bid just a few percent (perhaps lowering from $300k to $285k) there might be more interest. I've been close to pulling the trigger at sale lately, but the opening bid was just a bit too high. I realize there are just a bunch of paper pushers on the other end unwilling to make a decision, but I can't help but believe there must be a way to convince them that it is in their best interest. : Thanks.... Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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