Are you willing to counter at a number closer to the banks counter offer or are you attempting to justify your initial offer? If so, what proof do you have that your initial offer was correct? Keep in mind that since your initial offer was made, the market may have either drifted upwards or downwards as the market continues to be volatile - depending on the neighborhood of the location of the home.
Would you be willing to pay for either an appraisal or broker price opinion and would the sellers be willing to allow a professional into the home to do a current market valuation? I don't think you could get a real estate agent to assist you without compensation as they probably wouldn't be compensated by the sellers / bank at such a late date AND you are using the listing agent as your agent. And due to fiduciary responsibility rules the agent really can't help either party determine price and strategy as doing so would benefit one client while hurting the other.
If you don't end up getting the house, next time use your own buyers agent.
Best of Luck,
Century 21 Tenace
Normally, when you've started the process on a house with an Agent, any house, then there is a tie with that house and that Agent. It's just not fair to bring in a new Agent, when the first Agent has introduced you and done some work.
If you are going to try to do this, I would suggest that you talk to the Listing agent first, and tell him your concerns and desires. Ask him if you did this, would he release you, or would he release you if the new Agent gave him a referral fee, (normally 25%). Both agents would prpbably be ammendable to this.
Next, talk to your new agent about the new offer; ask him to do a CMA and help you.
Stop thinking about expediting this, the goal is just to get it done.
Good luck and may God bless
Short sale offers as always best supported by recent comparison information that is offered to support your cause. To assume the position of thinking the lender is going to be willing to accept a number because it what you are willing to pay will most assuredly meet with failure.
Now....about lending! We will be using a VA loan. Do we shop around for the suggested 12 lender rates or should I stick with the one who gave ourpreapproval (UMAC) ? We have no clue on how to secure lending and definately dont want to go through our agent.