Mourning the Loss of a House: not “The One,” after all
Just because no one died, doesn’t mean that home Buyers who feel compelled to cancel a deal — typically in the wake of a (very) bad inspection — aren’t disappointed.
In fact, depending on how excited the Buyer was about the home in question, how long they’d been looking, etc., there can even be a genuine mourning process, post-cancellation.
I’ve personally witnessed the phenomenon with my Buyer clients (though thankfully, not often); and, I know first-hand that many of my colleagues — acting in their capacity as Buyers’ agents — have as well.
Fortunately for the grieving Buyer, there are two cures: 1) time (usually, around 7-10 days, but it can be much longer in the case of truly unique homes); and 2) finding an even better home (the best way a proactive agent can help their client :-), in addition to recognizing and being sensitive to their sense of loss).
P.S.: “Shiva” — Hebrew for the number “7” — is the prescribed initial mourning period for observant Jews following the loss of a loved one.