Buying A Home
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
More SS questions
I found a house I love that happens to be a short sale. The agent said the bank (HSBC) offered the owners a cash incentive to close by the end of the year. She also said the owners wanted to sell for $360k, but the bank said $330. (So does that mean the BOA was already done?)
I offered full asking price because I am in love with the place. Does anyone have experience with HSBC? And if I offered asking price, does that mean they might accept it sooner? I just sold my house and am closing Nov 15th. Hoping to not be homeless 
Re: More SS questions
In my experience no 2 short sales even with the same bank are ever the same. So with that being said take what I say as educated info but still subject to each investor. FYI, though the bank is your point of contact and who the other agent deals with while negotiating, in your case HSBC, each bank has hundreds of investors that are the ones actually out the money and who have to give ultimate approval to the short sale and subsequent loss.
If the bank says that $330k is their sell price (not net amount after all fees and closing costs) then it is odd that the seller still wants to list it higher even if there are comps out there to warrant it. Your full price offer could take a little time (a day to a couple weeks) off of the negotiating process the bank does with the investor bc hopefully they will spend less time nickel and dime-ing the transaction and related closing fees.
What really should help is the fact that the bank has already done the BPO (I think thats what you meant when you wrote BOA) and established a price. This means that they are a few steps ahead already.
Good luck! I dont think Nov 15th is out of the question, but definitely be prepared with a back up plan bc 11/15 is only possible if the bank and seller are on their game and doesnt have to deal with alot of red tape on their end too.