𝗚𝗼𝗶𝗻𝗴 𝗕𝗮𝗰𝗸 𝗔𝗳𝘁𝗲𝗿 𝗮 𝗥𝗲𝗷𝗲𝗰𝘁𝗲𝗱 𝗢𝗳𝗳𝗲𝗿: 𝗦𝗺𝗮𝗿𝘁 𝗠𝗼𝘃𝗲 𝗼𝗿 𝗘𝗺𝗼𝘁𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻?

When buyer's remorse disguises itself as renewed interest (and how to know if you're chasing for the wrong reasons)

"I offered 8.5% under asking. They said no. Now I want to offer MORE. Is it too late?"

This buyer found a house that had been sitting for 2+ months, price-dropped three times, needed $50K+ in work.

They offered 8.5% under asking. Sellers said no and re-listed after doing upgrades.

Now the buyer wants back in—but would need to offer $15K MORE than the first attempt.

Here's what I'd tell them,

The market has given you information:

The sellers aren't desperate (they invested in upgrades instead of accepting lowball offers)

The upgrades reduced the renovation risk you were pricing in

Your original offer was based on OLD data—the house is different now

The question isn't "Is it too late?" It's "Is this still the right house at the new price?"

What I see happening: Buyer's remorse disguised as renewed interest.

They're not more interested in the HOUSE—they're upset they "missed" it. 

And now they're willing to pay more just to avoid the feeling of losing.

My advice:

If the upgrades genuinely make the house worth $15K more to you, make the offer

If you're just chasing to avoid regret, walk away

Talk to your agent honestly: "Am I making an emotional decision here?"

The sellers were stubborn about price. 

That's fine. But you don't need to overpay just to prove you were wrong.

𝗦𝗼𝗺𝗲𝘁𝗶𝗺𝗲𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗶𝘀 𝗹𝗲𝘁𝘁𝗶𝗻𝗴 𝗶𝘁 𝗴𝗼.

Need help separating emotion from strategy in your home search? That's exactly what I'm here for.

Got other questions? You can book your free 15 MIN. MEETING call - no pressure, no sales pitch.

SCHEDULE MY CALL

_____________________________________________

OFF MARKET PROPERTY OF THE WEEK

Buy at $720,900 OBO, and update cosmetically. You also get a finished basement in-law suite with a kitchen, 1 bedroom, laundry, and a separate entrance from the backdoor, which keeps the 2-income path on the table if you need a rental basement to help with mortgage. The lot is 50’ x 104’, parking is 5+ cars, and the roof is only 4 years old.

SUMMARY:

– LOCATION: Scarborough, ON (Lawrence Ave & Scarborough Golf Club Rd)

– PURCHASE PRICE: $720,900 Or Best Offer

– CLOSING: June 2, 2026 (Might be somewhat flexible. This is an assignment sale.)

– TYPE: Detached Backsplit (2 Storey)

– BEDS/BATHS: 4+1 beds/2 baths

– PARKING: 5+ Driveway Spaces

– BASEMENT: Finished in-law suite with kitchen, laundry room, rec room, 1 bedroom. Separate entrance from backdoor.

– SQFT: 1,592

– LOT: 50’ x 104’

– AGE: 1963

– PROPERTY TAX: $3,725 (2025)

– POSSESSION: Vacant

RENOVATIONS NEEDED:

– Cosmetic update throughout (kitchen, baths, flooring, paint)

– Replace a few windows (if needed)

– Some junk and furniture removal.

– Please email me and request for pictures and videos for ideas on what you’d like to renovate.

GOOD NEWS:

– Two kitchens already in place!

– Roof only 4 years old

– No neighbours to rear and one side (backs onto school)

Please let me know if you want to view it or if you want the info package. 

Talk soon,

Fred Camingal