Because the bank will be taking a hit, they now get interested with calling the shots in the deal. Without a doubt, they can completely jump in the details now. ANd they completly take over the deal, including how much realtors make, how much lender can charge and other details.

This is really dumb and they are shooting themselves in the foot, because most realtor are very hard working and short sales aren’t worth double the work for half the pay. And lenders hands are tied, if the bank won’t let them collect enough money for the closing, they are screwed. Personally, I recommend homes for sale in Midvale Utah that are not short sales.