“Ooooh, this property just came back on the market after a pending sale. There must be something wrong with it, right?“
Well….not necessarily! And yet we hear this all the time. From buyer clients to other realtors, there seems to be a huge stigma attached to homes that return to the market after a conditional sale.
Of course, one reason for a failed deal might be that the home inspection revealed a serious defect with the property. But that’s not always the case.
Sometimes, a failed deal has nothing to do with the property at all.
Some other reasons a home might come back on the market include:
Hey, all kinds of things happen. Especially in competitive markets like this year’s. One of our own listings come back on the market TWICE – both times having nothing to do with the home.
So if you think you’ve found your dream home but are concerned because it’s returning to the market after a failed deal, don’t be too quick to rule it out. Check it out!