REAL TALK Real Estate Blog

“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:

  • Financing: the buyers just can’t get the money.
  • Buyer’s Remorse: they simply got cold feet.
  • Dealing in Poor Faith: the buyers submitted more than one offer to purchase on more than one property. (Which is completely fine if you’re intending to OWN more than one home, btw)
  • Dishonesty: perhaps they were less than forthcoming on their actual situation...
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