House Deal Fell Through

My first housing deal fell through! The seller pulled out because she wanted almost the same amount she paid for the place, which was high even for last year. She's decided to go into foreclosure instead of cutting a deal with the bank. I think what happened was this: if she sold to me, the bank would force her to pay some of the closing fees. If she foreclosed, she just walked away and didn't have to pay a dime. I found out afterwards that this was the third deal she turned down.

It's interesting because about five years ago, I could see myself making the same bad decision she did. She only saw the few thousand dollars she would have to pay to get herself out of the hole she dug, and she didn't see the positive qualities of the deal. Now she's out a house and she destroyed her credit, the bank will have to foreclose and probably won't get near what I offered, and I have to keep looking for a place. Her realtor quit and the bank is apparently in a rage.