The Buyer refuses to sign the counter offer noting that seller is going to make any repairs we will are necessary.

. @ Rita- LOL....As a residential flipper i thought the same thing...I just wouldn't even know what would be a reasonable counter offer@Joel Owens- Hard to say as we are about 5 states away( I count Texas twice) Were certainly not in a position to build on them.

@Jeff Cross  not to disagree with John .. but it best and final does not mean you low balled it usually means there are competing offers and or they don't want to play the offer counter offer game. and want you to give it your best shot.

Phone calls just second hand info, but the one this morning the 2nd hand info to me was there is another offer on house.As for bank the original offer was close to asking and a cash deal and the one on table is a few dollars more with strings attached.Understand new year and bank can do what there end needs to be, but why would the bank want another 60 days for $950 when they can close immediate.Small world because this afternoon have a counter offer from same bank on different property that looks acceptable for my end.

Once the offer was turned down, or countered where the counteroffer didn't make sense, then move on. 

I have good credit, very little debt and received a counter offer of $25k.  

Our offer went in over the weekend and Monday AM we had a counter offer.

Turnkey providers have prices listed for each property, is it common practice to make an offer below the asking price (and then negotiate counter offers), like I might normally do with an MLS listing?

The Seller has accepted our counter-offer, home inspection Friday!

And sometimes you have to counter offer with them 4 or 5 times.