short sale counter offer.

Asked by Clrncic, Illinois Thu Jul 19, 2012

I bid on a property that is in short sale 3 months ago. My offer was accepted at $20k less than the asking price. Nationstar counter offered me at the original list price. The area comps are $10k-15k less than the asking price and about $9k of repairs need to be done. Can I counter offer Nationstar? Has anyone seen this bank countering before and been sucessful?

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Laurie Chris…, Agent, Oak Park, IL
Thu Jul 19, 2012
Yes, counter with those comps and contractor estimates and pictures of the work needed. Best of luck!
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