SunTrust Mortgage countered with 450,000 to my offer of 310,000 which was 5,000 above list price. I informed them that I had one other offer when the listing was 360,000 for 275,000 when the home was in good condition! I dropped the price to 305,000 after really no inquires. They have not received payment for over 4 1/2 years. Owners moved 5 months ago. Property has not been maintained. Buyer submitted offer in early January! It has been over 9 months!! Has anyone been successful in getting ST to come down? Or at least be more realistic?!!? I also sent update property pictures. Not pretty! Any guidance is greatly appreciated.
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