Q: I'm in the process of trying to buy a home. I made an offer on a home that was a short sale and, because there were several other offers and I really liked the place, my offer was above the asking price. The listing agent said I was the highest bidder. Then, we got a counteroffer from the seller and it was actually for a price lower than the price I'd originally offered! Then, my agent suggested that I make a counteroffer back higher than the seller's counteroffer but lower than my original offer price. I am totally lost here -- I don't understand what the seller's strategy is or what I should do next.A: The universe of short sales does boggle the mind! And from the buyer's perspective, it's more than a little crazy-making, because so much of what impacts whether or n...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.