Changes property status to “active” in MLS.Bank: (List + 44 days) Counteroffers 67k.

I have Never seen a purchase contract that didn't have a deadline for acceptance printed in it, both for the initial offer, and for counter offers.

Yes I have, but if and when I do, I low ball them to get my foot in the door and then I try to go and take a look as soon as I can - especially if I get a counter-offer.

Today, I got the call from my realtor, that after another counter-offer or two, I got the place for $136,500!

I feel if I had taken pictures (lots of them), and had a mold inspection done on the spot with proof that the home had mold, and submitted all of that evidence to the bank with an offer of say $85,000, I just might have gotten it, or gotten a good counter offer way south of my actual accepted offer.What do YOU do?

Here are the numbers:Listing Price is $135,000 and have a counter offer currently at $119,000Annual Income/Expenses:Current Rent- $11,040.00Current Expenses-$8,424.00Annual Expenses:Current 2011 Taxes- $3,124.80Water Bills- $2,136.48 ($356.08 avg for every 2 months)Dumpster- $1242.72 ($103.56 x 12)Liability Insurance- $300.00Septic Tank Pumping (not including repairs)- $420 avg annual •Pumping 3 times in a 10 year period at $200. (3 x $200 x 7 units = $4200)Maintenance (Grass, Trees, Fertilizer, Snow removal, Asphalt, and Misc. repairs) - $1,200.00Thanks for the help!

This was not my original intention but seems to work out great for me.The counter offer: same as above except the sale price raised to $54,900.What do you think?

90% of listing price is a common answer most agents will give you. 80% will possibly get a counter offer.

First, while there may be a rhyme and reason to their negotiation, trying to figure it out is probably futile (the one rule of thumb that seems to work for me is that the second counter-offer from the bank tends to be the biggest price drop and also tends to be close to their bottom line).In my experience, going back and forth in small increments is about as equally as effective as just putting out your best offer and tell them to take it or leave it.

I received a second counter offer on a 6 unit apartment building.