Need to give them a little bit time to hear back from the owner, but my point was there hasn't been acceptance or counteroffer yet.

They are asking for a counteroffer right now and I'm not sure what to do.  

Then the bank reviews and approves the seller completed financial hardship package, orders a BPO, then accepts or counter offers the price, then issues the actual approval letter, usually 60/90 days out.  

Can I counter offer or is it going to be a waste of time trying to do that in a short sale situation? 

Make a counter offer based on the cost to dig up and replace entire line.

After multiple back and forth with offers and counter offers, the seller has accepted my offer of $1,350,000 on this commercial property.

Hi all,I have accepted a counter offer to buy a property with a two week gap between the due dillegence period and the closing date, however there is a final walk through on the closing date.

asking price was 195K I counter-offered with 185K based on my calculations (NOI,Cap rate and other numbers to truly calculate how much the fourplex is worth based on the NOI)I have self-mastered the ways of calculating investments/rental properties to know how much is the right price, to know if I am submitting an offer at a discount, to know if I am submitting an offer at a premium, etc.some of the books i have read is the millionaire  real estate investor but found it rather basic, since it is common sense generally.I am in this for real estate venture for the long haul, everyday I am thinking about it, that's what keeps me going and pushing, it is fun.

I just advised a friend to buy a place a $1,000 over list from the seller's counter offer, it's worth every dime and with some shine on it, probably could sell for 12-15KL more The price is 118K.

I always start low on my bid and slowly go higher until I get a counter offer emails.