-Will be open for us to extend our inspection periodThe counteroffer sounds attractive since he's offering to pay for most of the repairs, even for an engineer to properly inspect the foundation.

-Will be open for us to extend our inspection periodThe counteroffer sounds attractive since he's offering to pay for most of the repairs, even for an engineer to properly inspect the foundation.

Here is an excerpt: Standard of Practice 1-7 When acting as listing brokers, REALTORS® shall continue to submit to the seller/landlord all offers and counter-offers until closing or execution of a lease unless the seller/landlord has waived this obligation in writing.

From there, it's just another Tuesday at the office, negotiating out, counter-offering, counter to the counters counter, etc etc.. 

Are the fees just the 6% RE commission or are there other fees I could consider when making a counter offer.

So my counter-offer was that I would pay them a small down payment, and have a contract saying that I must pay them in full within 18 months.

So my counter-offer was that I would pay them a small down payment, and have a contract saying that I must pay them in full within 18 months.

My counter offers are: 1. 1% Interest (instead of 6%), $12k down (instead of $80k), and $535k purchase price (instead of $500k. 2. 1% Interest (instead of 6%), $0 down (instead of $80k), and $545k purchase price (instead of $500k. 

That they have a comity meeting once a week and that is when they will review my offer to either accept it or counter offer it. 

If this does not happen, you can counteroffer specifying the required 1031 language.To fully defer the capital gains tax, you must reinvest all the proceeds from the sale into the replacement property.