Genuinely conflicted here! Don't know if we are BU or plain unlucky. Been trying to move for years.
House 1, chain of 3. Top of chain cash buyers would find a property, have survey then pull out over stupid things. They were up to the 10th house! Spent 6 months in chain, our mortgage rate was going to expire. It was a rising market, same houses going for 80k - 100k more. We decided to walk away as was clear they didn't want to move (and they didn't, all 3 still in the same properties).
House 2, no chain. Spent couple of years saving to put back money lost from house 1 and needing a higher deposit due to ridiculous house price increase. Survey undervalued the house and pretty much every page was red. Took builders round, presented the quotes and shared survey as we were still interested. Son selling deceased parents house, wasn't prepared to budge on price even though we couldn't get the mortgage for the initial amount plus ton of work to do. We had to walk away. Sad as house sat empty for another year, eventually selling for way less than our revised offer.
House 3, no chain. Boundary issue, compromising on so many things but it has potential. Does need money spent on it.
Our dog has just been diagnosed with another tumour and just had surgery. Also had surgery 8 months ago and year before that. So conflicted now because we want to use the money for our dog (we have insurance, but he's old so won't cover it all or possibly none if same tumour as before). Means no money for the house as prices still over inflated here (smaller than house 1 and 225k more expensive). It would be long term and majority is habitable, but there are immediate works needed which we couldn't afford right now plus the boundary which is still being investigated. We feel best thing to do is walk away...
I know that was so long, but are we horrible people?! It's so hard to know what to do!