I was living in Illinois at the time and real estate offers automatically expired after so many days of not replying to a counter-offer.

I am glad that the seller counteroffer my offer, he only wanted me to come up like $7000 more.

If they don't like it I STRONGLY suggest them to counter offer!

This real estate stuff is great, spend the banks money to make myself rich 2:30Got a call from the realtor they excepted my $310,000 counter offer. $120,000 return not bad if I should say so myself. 5:00 Return home play with our child (were first time parents), good days work needs a good days play Celebrate birthday, Im 31 thats pretty frickin old if you ask me.

The seller is asking $374,000 for it and I informally counter offered $345,000.

However, in their counteroffer, they ask that we use their lawyer for closing, and in return they will pay the $2000 title insurance.

A few days ago the agent called mine and asked if I would consider a counter offer, that they were working out what they could accept, and get back to me.

I plan to sell my current home (with about $30k in equity) to pay down the mortgage and thus increase my monthly cash flow and decrease my debit to income ratio which will come handy for future deals.However, my true question is in the subject of this post, I have submitted a few HUD offers for Owner-Occupied properties at 30% below the listing price and HUD has counter offer at 10% below the listing price.

I just accepted a counter offer from a listing agent for a 3 BR, 1 bath property in the Metro Detroit Area as an investment.

Yo will likely Never know the amount of the actual BPO performed, just a counter offer number.