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