Initially, yes, but that is pretty standard negotiations.
It is like you are chilling in your house one day and a rich South African dude shows up and offers you $1m to buy it.
You say "no" because you are not really looking to sell your house and you think you can get more for it anyway.
You talk to your wife and she tells you that you are crazy, you will never get a better offer, and you had better accept.
You go back to the rich South African and he confirms that his offer for $1m still stands.
You both hire lawyers and the rich South African signs an agreement to buy your house for $1m.
You are thrilled. Pop some champaign.
A few weeks later, housing prices are plummeting and the rich South African guy comes back and says "I have changed my mind. I don't want to buy it anymore".
Given how housing prices are falling, you are even more keen to sell for $1m. You tell the rich South African dude that a deal is a deal and he has to close.
The rich South African says the deal is off because you have termites in your basement and you never told him.
You tell the rich South African that you mentioned there may be some termites but, more importantly, he could have hired his own inspector before he signed the deal. He choose not and so it is his problem anyway.
The rich South African says "I'm not doing it. Sue me"
You sue him.
The rich South African starts making more and more bizarre claims about information you hid from him concerning your house. Did you know that aliens visit there all the time? There are ghosts? It was built on an ancient First Nations cemetery?
A couple of weeks before the trial is about to start, the rich South African realizes he is going to lose and look like a moron while doing so and so he comes back and says "Look, I will pay you the $1m for your house. Drop your lawsuit"
You say "get bent. When the $1m is in my bank account, I will drop my lawsuit"
And that is where we are at today.
IMO