Buying and Selling Homes - Offer/CounterOffer.... Offer? - Page 5

SLAG · 07-07-2006, 08:34 PM

I am In the process of buying my first home.

we think we have found a home, we have put in an offer on the home and the seller has come back with a counter offer... the initial offer we gave was 8k below what she was asking.... she then counter offered for 4k less then asking price..

We want to give another offer of 6k below asking price, and hope she goes for that or 5k below.... either way..

does this sound feasible, how many times should this go back and forth...

any help and info is greatly appreciated....

**Iowanian** · 07-16-2006, 08:51 PM

I'll never sell another house to an FHA loan.

Its a huge pain in the ass for the seller.

Never, ever again.

07-07-2006, 08:34 PM
SLAG Superbowl MVP Join Date: Oct 2005 Location: OOOOOOOOOOOOOLATHE Casino cash: $9910252	Buying and Selling Homes - Offer/CounterOffer.... Offer? I am In the process of buying my first home. we think we have found a home, we have put in an offer on the home and the seller has come back with a counter offer... the initial offer we gave was 8k below what she was asking.... she then counter offered for 4k less then asking price.. We want to give another offer of 6k below asking price, and hope she goes for that or 5k below.... either way.. does this sound feasible, how many times should this go back and forth... any help and info is greatly appreciated....
Posts: 11,177

07-16-2006, 08:51 PM	#61
Iowanian Supporter Join Date: Aug 2000 Location: Utopia Casino cash: $1698454	I'll never sell another house to an FHA loan. Its a huge pain in the ass for the seller. Never, ever again.
Posts: 62,942