What she didn’t expect was to live in a friend’s basement for five months despite a healthy down payment and $1.1 million bid on a house.
She said there were 23 other offers on the home, which was listed at roughly $900,000, and the listing agent needed 48 hours to choose one.
The listing agent encouraged her to make a higher bid, she says, because he’d hoped the competing bidders would use his son as their buying agent.
By many accounts, complaints like Vanderdeen-Fenech’s are getting more common.
As for Vanderdeen-Fenech, she hopes her experience will help others.