After a $650,000 overbid, losing out on sale most likely a blessing in disguise

Regarding your column on The Mercury News and East Bay Times websites on Feb. 26, 2022, “Siblings are amazed by how region’s prices can alter the homebuying process”: We bid $650,000 over list price on a Bay Area property. The deadline to submit purchase offers was 2 p.m. At 9 p.m., we noticed the home was no longer active for sale on the Silicon Valley Realtors’ Multiple Listing Service (MLS). We called our buyer’s agent, who found the property in the under-contract status on the MLS. To our knowledge, the seller’s agent still has not contacted our buyer’s agent.

It might be a blessing we did not win another bidding

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