Tyler Speelman
Appraiser used wrong purchase price. How to proceed?
Hey BP,I received an appraisal back below purchase price and realized appraiser used initial offer and not the accepted counter offer on the appraisal report. Now there is an appraisal gap of 10k. I spoke to lender an...
Jason Toledo
Potential House Hack Property Owner Has Counter Offered.
Hi All, I'm looking at a duplex in the Dallas Fort Worth Metroplex area; the seller has just counter offered with an addendum for reservation of the potential oil, gas and mineral reserves of the property. I offered 1...
Account Closed
How to counter a seller financing counter offer?
I made an offer on a multi, which included 93% seller financing. I offered full asking price ($400,000). COC = 17.2%. Seller countered saying he will finance 50% (COC = 7%). This all done without ever meeting face to...
Herlando Y.
Accepted Fannie Mae Counter Offer... Then multiple bids
I will greatly appreciate if someone can shed some light on this.I submitted an offer to the Fannie Mae Home path over asking price with all the proper paperwork. They counter asking for additional paperwork which I a...
Truc Nguyen
counter offer without seeing to be rented building
I want to rent a place to open our family own business. When contact to landlord for viewing inside of the building, landlord rep offer counter first then he will show me the place
His point is that he want...
Amanda Lee
Seller's counter-offer. I really hate the terms!
Hi guys,
this is my first ever post to BiggerPockets. I want to say I love this site, the podcasts, and all the great advice.
So, I'm trying to purchase my first investment property. I'm really excited to have found...
Alfonso Aramburo Zepeda
Seller counter-offered. Help Analyzing this BRRRR Deal!
Strategy: Buy & Hold, Live in for 2 years, remodel it while living in it, then move out.I've been all excited since I "found a gem" but now after running number over and over and over again I break-even only if I ...
Kash Chau
Reo counter offer is only 500 of LS
Hi,
I'm looking at a REO property (3fam) in a decent area B- C. I did a walkthrough of the property and put in an offer, the offer was declined.
I want to put an offer on the higher end but my agent told me it will...
James Petry
Counter offer upping earnest from 500 to 3000
Negotiating a deal on a sfr with an out of state tust company. The seller countered my offer and added a stipulation that the earnest money be bumped up from 500 to 3000. I dont mind putting the money up as i dont i...
David Kimball
Respond to bank counter offer with firm stance?
When responding to a counter-offer from a bank, what is the best response?
1) inch up the price by $500 or $1000... or even $1500.
2) respond with the same price firm
3) "Serious" counter offer, i.e. 5-10k more.
If i...