I hope this time they don't take 4 months to give me an answer. The house is in disrepair and needs work, also since they took so long to accept the offer I will not qualify for homestead exemption, therefore raising my closing cost and my mortgage payment for the year.
I have had ONE case were the bank countered, my buyer said no and stuck to his guns and 3 weeks later the bank called us and wanted to know if we are still interested, they would now accept the offer.
But this was ONE deal in all the others, the banks stood like rocks and actually got what they wanted from another buyer
Once you have set an offer price, your chances of changing it are truly limited--what the bank is looking at is strictly 'bottom line'--net to the bank, after all costs are deducted, including seller-paid concessions. However, any counter offer will negate all prior offers, so if you feel like playing hardball, go for it.
Me, I'd hire an agent to do the negotiating--that's what they do for a living, after all...