We have been on the hunt for a home for over 6 months. In our new community, realtors spend more than I've ever seen on marketing material for homes that sell before they actually hit the market. We have put in several offers on homes just to be outbid (yes, we've put in full-price offers.) Sometimes our offer is held and used to get better offers.
It has been a frustrating process.
Several weeks ago we found an adorable home. It wasn't in the town we originally wanted, didn't have the big kitchen & dining room I wanted, but for under a million dollars and to have a place to live I was willing to make a sacrifice. They accepted our offer after a week, and the process is at the home inspection phase.
Today, our dream home in our price range came on the market and after talking to our realtor we have a pretty good shot of getting it.
We can get out of the first home because of the inspection report. The buyers came back but can't make all the repairs we requested.
Curious... what would you tell your client to do?
Riddled with guilt.