Email Offer and Acceptance trumped by an offer after the fact. In the early stages of trying to make this work. Have a Rehab Loan, but competing with CASH offers in the stratosphere that I am working in. Any advice? 80K list.
Original Offer: 80K with 60 day close (as this is a rehab)
Seller Counter: 80K with 20 day close
Buyer Counter: 85K with 60 day close
Seller Counter: 85K with 50 day close
Buyer: Accepts
New offer (presumably CASH) comes in after acceptance (email) and they call for best and final. I stand pat with my offer at 85K and 50 day close.
Are they playing games? I feel like if they had a comparable cash offer they would have gone already. The sticking point for me is if there is like a 75-78K CASH offer, vs my financing offer of 85K.
