I need to fill out a counter offer with the wisconsin form

The seller, Joshua Denial, is 70 years old. He received Sam and Sue Smith's Offer to Purchase.

Joshua Denial is a retired dentist. He does not really want to sell the home, but is being forced to move due to being unable to make the payments on the mortgage. He also has a lot of debts. He purchased the home 20 years ago for $105,000, and had the home paid off. However, he took out a mortgage on the home five years ago to help his daughter, who was struggling with the children and a bad divorce. His daughter promised to make the payments on the mortgage and buy the house from her dad, who could then retire in the Bahamas. However, she then lost her job. He now owes $200,000 on the mortgage, plus he has credit card debts of $6500. He finds the offer insulting. However, the market is bad, so he instructs the agent to draft a counter-offer. Draft a counter-offer using Wisconsin forms. He will be countering with $245,000. We will go over why in class next week. If you want to figure this out, use the attached spreadsheet.

He also will want the Buyers to pay remediation costs for radon.

Additional Facts:

Denial is $6500in debt

Moving costs =$6000

Commission is 6%

All other costs associated with sale $1000

House has only been on the market for 1week, and this is the first offer.

Dr.Denial's realtor has told him that the potential buyers have a lot of money and are in love with the house. They already are asking about bringing a decorator through the house.

We determined that we would ask for $245,000 and Buyer to pay remediation costs if radon is discovered. $240,000 gives a potential profit of $16,800 so we have room to negotiate.

The Real Estate Company is Lovely Real Estate, Inc.