Just found out the deal is off. Nikki went back to them with a $420K hard price and they declined immediately, which I kept thinking might possibly not happen -- possibly they would consider just getting rid of it -- but in retrospect, in the harsh light of post-deal reality, is a no-brainer. Dropping ANOTHER $100K+ after they had already come down so far from their asking price -- it just wasn't going to happen.
Francine, the seller's agent, was distressed with my decision - felt like I had had all the information and had had plenty of time to figure out all the numbers a long time ago. Nikki was probably happy since I know she never wanted me to buy the place. I have no idea the sellers' reaction -- well, I suppose I do but I prefer not to think about it -- annoyed, angry, discouraged, betrayed by the woman who had convinced them she loved their house and then abandoned it. Mostly they're probably wishing they didn't have to start again.
As for me, I feel a bit relieved, a bit foolish, and crushingly disappointed.
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