David Christie
Bank Counter offer after acceptance?
I made an offer on a foreclosure (REO) property in my area. The company handling the foreclosure for the bank accepted my offer 3 months ago and informed us that the bank would take about 4 months to close the deal. ...
Tomas Satas
Hudson and Marshall counter offer.
Good afternoon fellow investors!Has anybody ever won an auction at Hudson & Marshall, mail in the contract/earnest money, and then get an email a few days later with a counter offer from the bank?Not sure if I sho...
Pandu Chimata
Counter offer for flip propery
Hello everyone, We (two partners) bid on a upper fixer property in San Bernardino county on Monday and we received a counter today. I also heard through the listing agent that they had several offers by Saturday 1 PM....
Account Closed
are HUD counter offers meaningless?
I missed out on my first rehab project. It was a 3/2 with vinyl siding near my home - the perfect amoutn of rehab for me to start with. My realtor and I agreed the list price of $157,500 was accurate for ARV since i...
Jon Looman
Purchasing Duplex - Unusual Counter Offer
Hello,Newer investor here. Have 1 flip and one single family rental under my belt. Purchasing a Duplex. Listing price was $64,900 and as the duplex had been on the market a while I offered $55,000. Seller countered at...
Ursula B.
Question on Fannie Mae Counteroffer
Hoping anyone that has bought from Fannie Mae can help on this. Just got a counter from Fannie Mae, and we are $4K apart. They are $2K down from list price. Since there were multiple offers and I have a financing ...
Brian Eddings
Homepath withdrew their counter offer?
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Rhondalette W.
$3500 Earnest Money Counter Offer?
Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
Erik Duke
SanDiego Condos strange counter offer
Investment Info:
Single-family residence buy & hold investment in San Diego.
Purchase price: $135,000
Cash invested: $30,000
Condo in San Diego first rental without living in it and buying 2 unit...
Mike Dole
REO Counter Offer - Help/ Thoughts
Hi,I currently have an offer on a property in CA near a Ski resort. It's been on the market since June 1, 2017.Started out at $160,000 then dropped $140,000(Sep 1) and now its at $131,000(Nov 1). It was on auction.c...