This happened to one of my clients. They ended up purchasing the home for less than their original offer and on better terms for them. The seller was willing to move forward at these new terms, as my clients were ready to close quickly.
If you still have an interest in that house, talk it over with your agent and figure out how you want to proceed. On the other hand, if you have already found a home you like, then just tell the listing agent "thanks, but no thanks" and move forward with the sure thing.
Good luck and Dare to Dream.
Shel-lee Davis, QSCÂ®
Certified Distressed Property Expert â€“ CDPEÂ®
Short Sale & Foreclosure Resource â€“ SFRÂ®
Certified HAFA Specialist â€“ CHSÂ®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
If you have moved on to another home that you satisfied with then you simply say "no thank you" and move on to your current choice. Good luck to you!
Diane Wheatley, Broker
Hope that helps.