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Step 2 of phase 1..counter offering

December 17th, 2008 at 12:12 pm

So we sent in our offer this morning. It was for exactly 15% below asking price. They immediately countered with 3.5% below asking price and said it was their final offer, they don't want to counter and stuff.

To be fair, they did recently drop the price 7.5% before we even made our offer. And if we end the deal at their counter- they are only walking away from the place with a few thousand in their pocket after paying realtor fees because they purchased the place 4 years ago in an inflated market.

But I just countered anyways...1.5% less than their counter. I phrased it as "A done deal at xxx price"....so now I am keeping my fingers crossed!

3 Responses to “Step 2 of phase 1..counter offering”

  1. homebody Says:

    Good luck!

  2. creditcardfree Says:

    Best wishes! Those things can be tricky.

  3. Ms. Pearl Says:

    Good luck! I hope it works out! Keep us posted

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