Real Estate Deals Gone Bad... Top 5 Reasons Real Estate Deals Fall Apart!

Real Estate Deals Gone Bad... Top 5 Reasons Real Estate Deals Fall Apart!

In this video, Realtors Shawn Battle and Matt Leighton talk about the five biggest reasons that real estate deals fall apart. Having sold hundreds of properties, Matt and Shawn have seen many different ways that buyers and sellers cause deals to collapse.

Five ways real estate deals fall apart:

0:35. 1. Cold feet. When the buyer changes their mind. Most of the times, it will be finance-related. The buyer will realize the expenses and not want to move forward.

2:23. 2. Financing. When buyers don't have financing or don't end up getting approved. Sometimes buyers will change lenders halfway through the process and don't end up getting the financing. Or they may have a change of financial picture after getting pre-approved and before closing.

4:46. 3. Home Inspection. Setting the expectations for the buyer and the seller. Sometimes buyers will get spooked by the amount of items that come up on the home inspection. Sometimes sellers will get stubborn and not want to fix an item or provide credit for repairs.

7:51. 4. HOA/condo documents & disclosures. In the Commonwealth of Virginia, you have 72 hours to review the documents. Special assessments, raises in HOA/condo fees, litigation and rules & regulations are the big items to look for in the condo documents.

11:18. 5. Losing your cash to close. Wire fraud. Please be careful when you wire money. Always call the title company when you wire money.

Connect with Shawn Battle
http://www.battlesales.com
http://www.orangelinecondo.com/
  / shawnbattleolc  


Shawn Battle
Licensed in VA and D.C.
Orange Line Condo
[email protected]
Century 21 Redwood Realty
1934 Wilson Blvd, Arlington, VA 22201
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