No counter offer.

I routinely make offers on properties that have been sitting for 3-6 months at 50-70% of list price, and it's not uncommon that I'll at least get a counter-offer from the bank.So, consider how many days the property has been on market before you start to think about what the bank may or may not settle for.

We can monitor everything from 3 bids that we get on every property from our group of preferred contractors to CFK statuses to multiple offers on properties, counter offers, and closings - all at the same time, and keep everything totally paperless.

Just be prepared for the Counter Offer.

i am NOT exspecting the tucson market to shoot up again. i only exspect it to stabilize (i.e. reasonable days on market with a reasonable asking cost= sale when we need it to in the next 2ish years) i've been looking in the east, central and some south and have looked at well over 60 homes in the last week. mostly with kids in tow. so far the 3-4 homes that we've seriously considered have been a lennar home (brand new on valencia/alvernon), 2 on swan/22nd area and one in the irvington/kold area. we submitted an offer yesterday on a valentine st. prop but it was counteroffered and the offer we put in was our max. price so that one wasn't doable. we are submitting another offer tomorrow on a 27th st. home thats fairly nice and hopeing to get it for $146k w/all fees paid, no money down. unfortuneatly the military takes care of us but its a really hard challenge to get ahead on one income and no way to (realisticly) earn extra income. which is why everyone should support military discounts!!

The new HUD system will send your agent a "counter offer" that tells the minimum net amount to HUD that will be considered acceptable, if your offer falls below that minimum amount.

Since it is the sellers counter-offer, isn't he/she obligated in some way to respond to his/her own offer?

My counter offer was rejected and I was notified I lost my entire earnest money deposit, EMD.

But they said the underwriter will allow a counter offer if you can provide reason to believe your property is worth more via comps, recent sales, and links to these sales from Zillow and/or Redfin.I felt optimistic since my real estate agent buddy sent over comps showing that my property should appraise for at least $165k, since very recent sales of $170k, $175k, and $180k would indicate $155k was way too low. 

Counter offer due today.