Actually we submitted an offer just yesterday minutes before I freaked out and posted. As I wrote my agent does not have experience with REO so I think I am screwed there. We offered 5% less than the listing price. They said they had multiple offers. Now today bank responds with this “worksheet showing Seller counter terms” in which they are sticking with the listing price.
I am thinking: is this like negotiating?
I like the house and if bank accepts my original offer I will be happy.
What is your opinion, should I stick to my guns? As I said I like the house, for this price it is okay. If I raised the offer, the house will seem less appealing at that price. Plus, I will not only be not proud of myself as a pig but also be an embarrassment to fellow pigs.
So please advice. They want to know before Monday.
