Counter Offer

In some cases The Asset Manager may make a counter offer. This will occur if many offers were presented below the winning threshold and the Asset Manager wants all the offers to see the threshold. An example of this is:

Ofori & Associates Pc

10 Columbus Blvd, 3rd Floor

Hartford, CT, 06106

Telephone # (860) 246-7700

Fax # (860) 241-0671

COUNTER OFFER PERIOD NOTIFICATION

(PLEASE DO NOT RESPOND TO THIS EMAIL AS IT IS NOT MONITORED)

Bid Date February 21, 2011

Confirmation #: 1638788-2621377-21

Selling Broker: REO King RE

Agent Name: Karen Haggins

Buyer Name: Hector Samuels

HUD Case #: 241-765883

Address: 8687 Swann Haven Rd , Easton, MD 21601

February 22, 2011

Your bid, 1638788-2621377-21, for the property 241-765883 was not accepted.

However, HUD has initiated a counter offer process on this property, and you are welcome to submit a new bid. The period for submitting counter offers for this property will begin on February 22, 2011 and end on February 22, 2011. HUD has set the minimum acceptable net to HUD offer amount for this property as 51,800.00.

If the counter offer period ends before the date defined above due to the acceptance of a different bid, you will receive an email notification that the counter offer period has ended.

Sincerely,

Ofori & Associates Pc Sales Department