Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Respond to HUD’s Counter Offers
Yesterday, I got a counter offer from HUD for $103,275.00 I beat the counter by $1.99 making my offer $103.276.99. Today, I was expecting to see that I won the bid and get an acceptance. However, instead I get another counter offer for the same amount as the day before of $103,275.00 Why did this happen? Am i suppose to add the Listing Agents commissions to my final bid which would be $3,098.31 making my offer a grand total of $106,373.31.
* I don't ask for Buyers commission since I am the Broker and bidding for myself.
Any suggestions?
Most Popular Reply

The "Counter Offer" is the net to HUD meaning the acceptable amount after commission and any closing costs requested