Fannie Mae Final and best advice

[Jon Wright]

we are in a final and best situation against one other bid with a  Fannie Mae foreclosure. We are currently at about $3500 below the counter we received from Fannie. We are trying to determine if we should move closer to the counter or take our chances that we are the high bid. Any advice on this would be greatly appreciated. We want the house but at the same time we don't like the ideas of bidding against ourselves.