Archive - Aug 31, 2009

Date

Offer #3 - Update

The bank, whom you'd think would be eager to sell their "toxic asset", is, apparently, taking its time. Today, one week after we sent over our offer and a few days after that offer expired, they responded to say they'd be sending over a counteroffer. When? Who knows. Apparently, the counteroffer is identical to the one we sent, but they want $2000 earnest money instead of $1000. No changes to the bottom line.