Seller won't budge

[Mauricio Salom]

I'm working on my first purchase in SD, CA but it seems like sellers in this market are very stubborn. I placed an offer on a SFR listed at $400k. My offer was $390k and i asked for $6k for closing cost. They countered with $399k and $5k back. The house has been on the market for a few months (2 or 3) and the agent I'm working with says the house should appraise near $400k. I'm using a conventional loan with down payment assistance so I was told that my lender couldn't help with any type of closing costs. Do I have any other options other than raising my offer or walking away?

[Russell Brazil]

You are only $10k apart. There is no substantiative difference between where you are and they are from your end. So if you want the property buy it. If you don't want it then don't. Passing on a property you want though for such a small amount will come back to haunt you.