I have a short sale listing that we have gotten an offer on. The property is listed for $39,900 and the offer is close to asking price. The outstanding loan is $91,xxx. There has been 2 drive by BPOs done as well as a full appraisal. There is a $40K discrepancy in the BPO's which is why there was an appraisal done. The appraisal came in very close to our offer. this property has been abandoned, the pipes are frozen, and it is in poor condition. Here's the problem I am running into: Equator does some sort of AVM, which is coming in at $95K. The "supervisor" told me that it will continue to be denied until our offer is at least 80% or more of the loan amount. What is the point of ordering the BPO's or appraisals if they are going to disregard condition and price? The foreclosure is imminent, and they will spend more money and get less for the property if it goes that way. I am having a hard time finding someone that can free think. Any ideas on how to do this file, or just throw my hands up?