Hi everyone..first let me thank all of the responces I recieved. I am writing for 2 reasons...the first to let you know that BOA finally answered!!! They came back with a counter of $5500 more..going from 132500 to 138000...with 2500 back at closing.....should I take it and run...or counter back???

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Comment by Dean Ouellette on February 28, 2010 at 9:40pm
How much is the bpo, most likely they will take what your original offer was but managers are paid on how much they collect so will say they want more in most cases.. it all depends what the bpo is for
Comment by veronica moreno on February 28, 2010 at 6:11pm
Definitely take it! I've been hearing horror stories of lenders countering at higher prices than what they countered you and buyers walking. As long as the value is there and buyer can secure loan, I would definitely take it.

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