I think I will get this added to our counter offer. 

Things like getting creative with the offers and dealing with counteroffers.   

This is yet another benefit to paying cash, since the money is already available.Respond Quickly to Counter Offers.

In case my offer is accepted and there is a counter offer in court and that gets accepted, do I lose my deposit?

hi mike. what you have going on here is a property that has not met the reserve price. in cases like these, the top bidder is no where near the reserve price. if you are the top bidder, auction.com will contact you and offer you the house for near the reserve price. in these cases, the top bidder declines and the house hits the auction block again. you need to be the top bidder at the end of the auction. i personally have had them call me and offer me the house for a few thousand less than their reserve price, which i counter offered at a few thousand over my price. we met in the middle and i still got a pretty good deal. 

I could use your input on a propertyThe house is a 3/2 1367 SF Singe family in Union City, GAThe owner is asking 60,000 my ARV is 86,200The unit is in good condition and is currently rented for 750.00I checked Rent O Meter and there are three properties on the same streetrenting for 1000+I was thinking of a counter offer of 37,500 applying a 2% rule on thecurrent rentWith a max offer of 50,000 applying the 2% rule on potential rent based onthe rental compsMy question to the group would be is my logic sound on the counter?

(Keep a few bucks in your pocket so that you will be able to accept any reasonable counter offer).

The husband told me the $16k wasn't a big deal and that they would get the money to pay it off.Their counter-offer stated that they would accept the closing costs of Deed and contract preparation, and a termite inspection letter.  

Even if you plan to self-manage, you have to put a price on your time.Agree - thank you for helping me make this decision, I won't be putting in a counter-offer.  

We're making progress, such as getting counteroffers and going to see properties, however we are still working toward landing our very first deal.I am mostly interested in wholesaling and rehabbing as I get started.