How many times do you go back & forth with the lender...?

[Herm M.]

Until you get a good price?

For example, I offered 275k on a property, and they countered with 370k, which is probably their BPO.

Then if I counter at 300k, do they usually counter at lower than 370k? Or will they stick to 370k, and then I have to offer them 320k, and hope that they accept?

Basically, from everyone's experiences...how many times do you go back and forth until the lender gives in (if they do give in)?

[Jon Holdman]

Doh!