If the $63,750 comps are from recently sold properties and your appraisal is an actual appraisal, then you know that you have to base your figures on the comps that the properties are selling at, and not on the appraisal.In that case, here is the formula I use:ARV $63,750x70%= $44,625-$15,000 REPAIRS-$3,000 CLOSING FEES/INTEREST & POINTS-$6,375 PROFIT-$1,912 COUNTER OFFER MARGIN(ROOM TO MOVE WITH BUYER)MAX PURCHASE PRICE= $18,338Whatever your max purchase price is, in this case it's $18,338, do not offer anything over that.

Accept the counteroffer.

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

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.  

The next day I received an email informing me my offer had not been accepted, they advised the minimum they would accept, and I was told I could submit a counter-offer...by midnight that same day. 

Yes, most high bidders on auction.com don't meet the reserve, and they get a call with a counter offer, or the reserve price.  

He asked me to bump his net about two thousand, which didn't really impact my numbers so I obliged and came back with a counteroffer and he signed it right away. 

The "counter offer" on Homepath is Not a counter offer, that you can accept.  

Will banks counter offer on low ball bids?