No. of Recommendations: 1
Cold feet? Probably, but what do you expect when a big purchase decision like this is rushed through fear of being outbid? Having given up inspections, they had little opportunity to back out and retain their deposit other than the 3 day HOA period. And perhaps they were worried that they over bid, given that they offered over list and were accepted without counter.

I understand your frustration, but be glad that it happened so close to the start of the process, rather than after weeks off the market. You still have plenty of the hot Spring sales market to have someone else pick the place up.

If I were your agent, I would remove it from the market entirely, and relist as "new" once again, along with another open. That should hopefully get your momentum back. It's a rising market...you should do fine, but if there was that much interest right off the bat, look at your pricing seriously to see if you need to raise your price.

IP
Print the post  

Announcements

Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement