Ok, so we suggested going up to $305k on our counter to the bank's counter. Our realtor suggested that we do $305k and include offering to pay the seller's closing costs up to a max of $1,500. He said for some reason, this bank is hung up on not forcing the sellers to have to pay anything at closing. I think I'll tweak it to be just $1,000 and not $1,500 just because. 
Here we go with round 2!
Counter offer put in
June 27th, 2011 at 08:53 pm
June 27th, 2011 at 09:06 pm 1309208760
July 8th, 2011 at 10:53 pm 1310165601
Jerry