Ok, So I put an offer for a bank owned home. They were asking $133,000, I submitted an offer for $105,000. They cam back and countered the offer at $132,000 ($1,000 less than asking price). The home has been on the market since April.2007 and was listed then at $139,000.
Why would the bank come back with a counter offer of $1,000 less than the asking price? (Because I put in such a low starting offer?)
What should my next counter offer be? (Please give me your opinion)
The home needs a new roof within a year, needs to be converted to copper plumbing, yard needs to be relevels and drains put in as all the neighbors yards slope to this homes yard.
2007-09-18
00:57:04
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8 answers
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asked by
Anonymous
in
Renting & Real Estate