I’m trying to help a friend in a mess he’s gotten into while trying to buy a home, and admittedly its a bit more complicated than I can handle, here it goes:
He found 2 houses he really likes, both in his price range, so he put in offers on both of them.
He REALLY likes house B, and kinda likes house A.
Seller A countered his offer, he countered back, and they accepted his counter on a Saturday.
Seller B accepted his offer outright on Friday of that same week.
Agent of seller B notified my friends agent on Friday afternoon by voicemail that sellers had accepted his offer. Herein lies the problem, my friend’s agent claims they never received the voicemail from the sellers agent, so they didn’t know that the offer had been accepted.
Meanwhile, my friend went ahead and signed the purchase agreement and mailed his EMD to seller A, all before he found out about the accepted offer from seller B.
Seller A won’t let him out of the contract now without sacrificing $3K in earnest money and my buddys pissed because he really wants house B, not house A! So now he’s got an accepted offer on the house he really wants, but is already obligated to buy a house that he doesnt really want any more!(I know a lot of this hinges on the specifics of the contacts themselves)
Trying to decide if theres any fault here on the agent who supposedly left a voicemail notification of accepted offer, or with the agent who claims they never got that voicemail, or just a series of unfortunate timing of events?