Winning bid, but....
We had the winning bid for 4 bdrm 3 bath house on auction.com. However, the bid didn't meet the reserve. The bank has. A&E a counter offer of 15k higher than the winning bid. It's a good deal even at that price.
My question to those that have more experience than me, is it worth negotiating with the bank? If I come back with a counter that is 5000 lower than theirs, will they balk? We're told we have only one opportunity here to negotiate.
What has happened in your experience?
Thanks