By Andreli Ancheta
Ok, you probably read my first blog about WAMU's negotiation process in short sale. This is an update... I recently received a counter-offer from the negotiator and I think it is ridiculed. According to the appraisal report, WAMU countered the buyer's offer $40,000 more without any credits to buyer. Plus, the realtor's commission is only 4.5%. I don't know what appraiser did WAMU used, but I know for sure that that house isn't worth $320,000. I've sent another comparables to the negotiator and asking her if she could renegotiate. Hopefully, it will not take another 30-days of waiting.