Closing costs with Short Sales

Don't think the bank will pay your closing costs? Well you are wrong. I have dealt with many Short Sales and REO property. They will pay the closing costs, but of course, it's a give and take. If more money in your pockert at closign is what you want then you should be willing to present a better offer. However if price and mortgage amount is your hangup then go low and pay your own closing costs. Remember it is a buyer's market for the most part with seller owner property. But if there is a great home, at a great price there will probably be multiple offers so don't think you can low ball that house. If you see a great house, so do others. Don't feel bad or get mad at your agent if your offer doesn't go through. Remeber when presenting offers, banks are looking for highest and best. You may have the highest price but that doesn't mean you have the best offer.