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Updated over 6 years ago,
Suggestions on a counteroffer...
Hey BP. So I went against my instincts and put an offer at listing price at $199k based on realtor recommendation. The property is in a great location and has potential for forced appreciation. I received a counteroffer of the same price (199k), however, seller is asking for 51% of closing costs. Per realtor, I will put an offer for above asking price at $202k, which is the closing costs added into original offer. Any suggestions/info/advice if property is appraised below listed price???? Any help will be GREATLY appreciated!