Been hammering trying to get GMAC to accept our highest and best at $242K all cash on a SFR here in SoCal.  Despite CMA work and 3 1/2 months of marketing (which includes 4 open house days and multiple private showings) they continue to tell us $255K.  The house just isn't worth that much and they've 'camped' on their rhetoric saying "REO sales in past 12 months and the BPO say $255K".  They won't budge.  

Called GMAC last week to ask for a new BPO and negotiator.  Got the new negotiator but he just refers to decision by previous negotiator; and says BPO is only 1 month old and they must wait 4 months to request another.  I asked them to share BPO numbers - no luck.  

Anyone with experience and suggestions here?  Worked too hard to lose this one; especially since we're getting multiple offers in the $230K - $242K range which confirms our CMA work.

Just wondering..... this house has a 2nd lien for $85K w/Green Tree.  GMAC has agreed to allow $8500 to go to them. Could there be anything complicit with this 2nd lien we don't know about causing GMAC to balk?

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