I can pretty much guarantee you that the owners will not take 2.7M. After a $700K price reduction, they are probably willing to entertain offers in the low 4's. If they were willing to sell it for $2.7M, they would price it at $3M. I wouldn't waste the paper. The market is bad, ut it's not that bad. This is a beautiful home. There are some great homes in the range you are looking for in Avon if you are interested.