Hi everyone,

I guess what cheesed me off is that they kept me hanging, " oh it's a bit low but conditions are attractive and you're at the top of the list…" promising to get back and never getting back! It's hard not getting an answer. I doubt that I'm emotionally attached to the house even though we like it but we would have walked away with a rejection of the offer.I don't know what their game plan is. But having been waiting for this long, I'm going to walk away now. Obviously someone (either vendor or agent) is playing a game.

AJTS, you're right about the FHOG. I think loads of first home owners are just trying to capitalize on the extra grant money and low interest rates without actually thinking if they can afford repayments when the interest rates go sky high. A mate of mine was just saying that there'll be a fair number of mortgagee sales next year. We'll just have to wait and see, I guess!

Thanks for your replies all the same. Helps to have other opinions!