The potential buyers came back with a counter offer of $18,000 less than previously offered due to the inspection report of the roof.

Moving Forward Now...Hey guys, I am looking for a counter offer. 

You might have 9 people not even respond to your offer and the 10th be desperate to sell and take it, or, more likely, 5 of them come back with a counteroffer and you take it from there.

So it is possible the bank counter offered on the Xome $1.5 winning bid but, add in broker fee 5% and closing costs and fees and a full house ready to litigate for 1-2 years, plus the house condition/reno costs for a flip........doesn't seem like a wise risk for an investor as opposed to us, long termers who plan to stay for decades. 

As Marcus mentioned, of course, the deals may not look like deals until you look deeper into them.Also, when you offer on REOs, are you getting counter-offers?

Hi all,Looking at making a final offer on a property and wanted some input on two options I have in mind:Is it better to make an offer for $519,000orIs it better to make an offer for $544,000 (his counter-offer) but ask for $25k in closing credits which I can use to buffer any potential issues with repairs/upgrades/renters not being happy with rent increase, etc?

While seller mortgages typically have balloons after a few years, that doesn't have to be the case.5.Respond to the seller's counteroffer, based on your agent's advice.

Then, all you can do is wait for a positive response.Step 5: Negotiate The Price And Terms Of The SaleA seller can do one of three things when they receive your offer: accept it, make a counteroffer or reject it.The Seller Accepts Your OfferDid the seller accept your offer?

Hi all,Looking at making a final offer on a property and wanted some input on two options I have in mind:Is it better to make an offer for $519,000orIs it better to make an offer for $544,000 (his counter-offer) but ask for $25k in closing credits which I can use to buffer any potential issues with repairs/upgrades/renters not being happy with rent increase, etc?

We'll respond with an acceptable counter offer, but not executed.