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Channel: Trulia Voices: Can I lower my original offer to a Bank?
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Answer by Walter 'Skip' Kersten

You can counter their counter offer with any amount you would like. Good luck,

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Answer by Brian Byhower

Skip is right. Until the offer is accepted you can go higher or lower. I've noticed that some banks play "hardball" more than others. I'm dealing with Chase on a short sale and they've been great....

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Answer by Steve Quintana, J.D.

You can lower your offer. If you do that you may wish to send a message explaining why you are doing so.

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Answer by Marie S. Horowitz

I suggest you discuss this with your realtor. It depends on the status of the paper work. Good luck!

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Answer by JULIE CHO

Hi Jami, it is hard to tell..because every transaction can be a different. I would suggest you ask your Realtor to see if they can find out any information from the listing agent to help you make a...

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Answer by Michael Magaw

Why do you want to lower your offer? What has changed? Are you basing the new lower offer on new comps showing dropping prices or are you just reacting? What is the best way to send your message?...

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Answer by Sheryl Arndt

Hello Jami, you never updated us all with the current status of your offers? I think it is a little foolish to possibly lose the acceptance over $7 dollars a month? Hope it went well and your funded?...

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Answer by Irina Karan

You can rescind your original offer. You can modify it (have to initial those changes, so all should be in writing). You can stay put on the amount as well. However, if the bank countered only 1K...

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Answer by Sheryl Arndt

Hello Jami, you never updated us all with the current status of your offers? I think it is a little foolish to possibly lose the acceptance over $7 dollars a month? Hope it went well and your funded?...

View Article


Answer by Sheryl Arndt

Hello Jami, you never updated us all with the current status of your offers? I think it is a little foolish to possibly lose the acceptance over $7 dollars a month? Hope it went well and your funded?...

View Article

Answer by Sheryl Arndt

Hello Jami, you never updated us all with the current status of your offers? I think it is a little foolish to possibly lose the acceptance over $7 dollars a month? Hope it went well and your funded?...

View Article

Answer by Walter 'Skip' Kersten

You can counter their counter offer with any amount you would like. Good luck,

View Article

Answer by Walter 'Skip' Kersten

You can counter their counter offer with any amount you would like. Good luck,

View Article


Answer by Brian Byhower

Skip is right. Until the offer is accepted you can go higher or lower. I've noticed that some banks play "hardball" more than others. I'm dealing with Chase on a short sale and they've been great....

View Article

Answer by Steve Quintana

You can lower your offer. If you do that you may wish to send a message explaining why you are doing so.

View Article


Answer by Marie S. Horowitz

I suggest you discuss this with your realtor. It depends on the status of the paper work. Good luck!

View Article

Answer by JULIE CHO

Hi Jami, it is hard to tell..because every transaction can be a different. I would suggest you ask your Realtor to see if they can find out any information from the listing agent to help you make a...

View Article


Answer by Michael Magaw

Why do you want to lower your offer? What has changed? Are you basing the new lower offer on new comps showing dropping prices or are you just reacting? What is the best way to send your message?...

View Article

Answer by Sheryl Arndt

Hello Jami, you never updated us all with the current status of your offers? I think it is a little foolish to possibly lose the acceptance over $7 dollars a month? Hope it went well and your funded?...

View Article

Answer by Irina Karan

You can rescind your original offer. You can modify it (have to initial those changes, so all should be in writing). You can stay put on the amount as well. However, if the bank countered only 1K...

View Article
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