All Forum Posts by: Peter Lee

Hi....yes, i understand the seller can accept anything they want, even $1, but that doesn't mean anything unless the bank approves.

But, my question is to all you guys is:

Have you guys dealt with banks / negotiators that won't accept any counters?

I was thinking about countering back with $80k but unsure if that would just ruin the deal.

So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for the house and she said no counters. I was like WTH? no counters? I never heard of that before.

Have you guys had any banks / negotiators saying that?
Property is in Las Vegas, and the past 3-5 months has been crazy on houses at this price range.

Not sure if this matter, but the bank statement that I gave them when i submitted the offer had a balance of $91k.

Thanks for the update Will.

Did you find a bunch of problems to able to to lower the price from $1.1 M contracted to $815k?

Where is this property located?

and also, did you learn how to post images on BP yet? :)

Leon Yang

Your Rehab Project is looking good Leon!
I see your doing the tile work yourself.

I know a guy will work for cheap, but I have to give him more business. If you're interested, let me know.

Ryan M.

How does Floating Vinyl Plank Flooring compare with Ceramic Tile?
Cost, installation and durability?

Installation looks pretty easy, do you think your vinyl planks would last a good 10 years?

@Ryan M,

Those prices are pretty cheap if that includes installation.

Laminate down for $.92/ft installed by contractor?
What kind of laminate? The rolls of sheet laminate?

Tile down $1.70 ft, with grout, cement board, nails, etc. installed by contractor? What size tile?

I was at the Depot a week or so ago and they had 18x18 ceramic for $0.78/sf and 16x16 ceramic for $0.68/sf.

Thanks for the tip Ryan M., this was my first year with that hinge stop, seems to be ok so far, but I agree with doubling up your protection just in case.

Thanks for the suggestion Kyle J., I checked out that book on Amazon, it's pretty pricey, good thing I have "BiggerPockets" :)

Donna Smolinski, I agree with the quarter inspection, my lease says something along those lines, but I only give them a 24 hour notice unless it's an emergency.

As for the tile in the hallways, I normally do install tile in the hallways for a single story home, but would you tile the hallways on a 2 story? I put carpet starting from the stairs on a 2 story, then it expands to all of second floor minus the bathroom.

Check out my mad BP skills. lol :)

Will, you need to host the image on a site like http://photobucket.com/

Once you upload your picture, you will get the direct URL to that image. ie http://photobucket.com/will/image.jpg

Then when you get on BP to do a advanced reply, you click on the IMG button, it will give you a [img] tag, then paste your image URL, then click on the IMG button again to close the image tag [/img]

J Scott,

How do you know did you get the negotiator's information?