First-time homebuyers are getting a second chance on first choice.

2022-07-30 02:11:11 By : Ms. Lynn Tang

After nearly three months and looking at 24 houses, Kevin Lowrie and Matthew Hambleton thought they had found their forever home. 

They discovered a quaint two-bedroom, 1½-bathroom house in suburban Philadelphia. The couple, one a health care worker and the other a retail banker, made what they considered a high offer, only to be outbid by an all-cash deal $70,000 higher than their offer.