Bank Counter Offer On SS
I just got off the phone with SPS/Fairbanks. The offer I submitted to them for the SS, they say was too low. I offered $150k and some change. They want a min. offer of 170k? For those of you who have had expenience with SPS/Fairbanks is this them just playing Hardball? Or is this where they hold their ground.
Thanks.
Fewer and fewer lenders roll over and simply accept the first offer... if you have a compelling argument... represent...
negotiation includes the transfer of information... so maybe they'll tell you why they think your offer is too low... and share some market info they possess. If their info is faulty... let them know.