The accepted offer was from Joe and Jane (aliases). Joe lost his job and the mortgage is denied. Now Jane is trying to get another mortgage with her sister Jenny (also alias)
The buyers offered 1.4M on the house asking for 1.3M. now the house down the block just got listed and is asking for $1.45M with very very similar size age and inferior decors (we know them, been to their house)
We contacted the runner up, they’re still interested, originally offered 1.35 on it. Agreeded to up it to 1.38M. They are firm about 1.38M as their final offer. Didn’t waive any contingency, kinda waived inspection negotiation (still do the inspection, but either walk or take it as is).
Now there are three options, which one sounded better? 1. Give the original 1.4M another chance for a mortgage
Go with the runner up (1.38M)
Relist and potentially get more money out of it.