We have our first offer!
And I'm not sure what to do with it. Please help.
We put our house on the market on 11/17. We've had 6 showings. And we got out first offer this morning. After having 2 realtors come through they both said to list it for 199,900. Which we did. But we told them that we cant close until after Jan 21, 2012 because we got that 8000$ tax credit and don't want to have to pay that back.
The offer:
195,000 with 4% closing costs ($7800), our realtor fees are 3.2% ($6240 for both buyer and seller realtors), we pay for the septic/well certification (which is fine), but they have a VA loan so our realtor says we also pay for the VA appraisal/inspection. Is this normal? Anyone else have any experience with VA loans and selling? Oh and most important they want a close date of Jan 5th.
Is this an out of line counter offer:
195,000 with 3% closing costs, we'll pay for certifications and close date of Jan 22?
Or what would you do?