Burned by Hot Housing Market, Some Buyers Back Off

WTTCHMN said:

I'm sure there are those buyers who have second thoughts when they are the winner of a bidding war (aka winner curse) but those are far and few between.  I got a buyer two of the same floor plans in a Garden Grove tract using a no limit escalation clause in the counter so they cancelled escrow on the first house as they liked the second house better.  Those are the other situations where buyers cancel escrow.
 
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