Usually, the bank says it wants more than the price you originally agreed to pay. Since the property is usually under current market value, the bank tends to be inflexible. However, there are instances where there may be a compromise.
The only way is to counter-offer the bank's new offer. But do it immediately and expect an answer back very rapidly. Also, expect the bank to compromise less than you would like it to.
Mostly, be prepared to wait. There is nothing going on until the bank gives its answer. Until then, neither the buyer, nor the seller, nor the agent knows anything at all.
Johnson and Johnson Team Realty
East Coast Realty
Patricia Prosje PA