Feb 26, 2015

Counter Offer

We received a counter offer today of $90,000, 45-day closing, and a $5,000 binder. This counter is highly unrealistic. We decided to counter the counter with $60,000, 60-day closing, and a $3,000 binder. We don't want to tie up too much cash with the binder as we know we'll need money for surveys, soil studies, etc. Our max offer is $65,000, but we would consider going as high as $70,000 if we need to. Let the bidding war begin!

Posted in Land stage