Assuming you did not pay cash, how did you buy a house last month without qualifying for a mortgage?
Put a deposit down, at least, now is at risk of losing it, and wants to blame someone else, no doubt.
Exactly. He bought nothing, rather he signed a bona fide offer, pending financing. Semantics, semantics everywhere, and not a correct thought conveyed.
Maybe he means he put a contract on a new house. Some people I know have had buyers go into contract, and then find they couldn’t get a loan or couldn’t sell their previous residence, so it’s back to square one for the seller.
As for the author, perhaps his inability to get a loan is a sign that he doesn’t really need to “trade up.” I’m very puzzled by people who change houses when they don’t absolutely have to - because they’re moving to a different state, for example.