When you're in the process of trying to buy a home, things don't always work out the way you expect or hope it will. In a tight market, it often comes down to which buyer is willing to pay top dollar, even if it's way over list, just to buy a home. To be king of the hill. In cases like that, it becomes more about winning than owning that particular property. So what to do? How to move forward?
Dealing with the disappointment you may feel after trying to buy a home and losing out in a bidding war is never easy. The key to overcoming this temporary setback will be in trusting the process, trusting your broker, trusting the market, and staying the course, trusting in the end, that a better property than the one you just lost will come along and you'll be able to buy a home and look back on this impasse with gratitude rather than regret.