They didn't view the house before bidding. They didn't get somebody else to view/appraise it for them. Their bid went from $480k to $560k in one step. They hire

They didn't view the house before bidding. They didn't get somebody else to view/appraise it for them. Their bid went from $480k to $560k in one step. They hired a cowboy without checking credentials, who went on to almost destroy the house. They hired a cowboy mortgage broker who reneged on a deal (or they're lying about it). I really don't care how much money they have. Whether or not it's "privilege" or not. It is but that's not the point. They were idiots. They deserved everything they got and —frankly— got off lightly.