Have you ever worked with Buyers non-stop, demand this, expect that and then poof? Take this example. We were working with pre-approved first time Buyers for about 2 months now. Weekends, rainy afternoons, non-potty trained baby in the back seat, you get my drift (and boy did we get the babies drift!) we found the perfect home for these people. They looked at the property several times, with parents etc. we discussed and planned offer price, closing date, escrow deposit and terms of the offer. We were to meet the next morning. 30 minutes before the meeting, the wife called to delay writing the offer, citing that they wanted to "think about it" longer. (They have to close by the end of May). We called the Seller /Agent of the property the next day to inquire if any offers had come in. He explained that an offer from a Mortgage Broker, representing a couple was faxed to him the previous day. He also commented that the Mortgage Broker had never stepped foot in the house. Guess what? It was an offer from the young couple, written by the Mortgage Broker, with all of our discussed terms intact. Unfortunately, on so many levels, he had a real estate license. (Not a Realtor, but a license).
Moral of the story? Let me know.