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bikramaddict
mommy-to-be
Member since 8/06 4376 total posts
Name:
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going to contract
Is it common for home sales to fall through once you've gone to contract?
ETA: I have an all cash buyer and we have proof of funds already. She has nothing to sell.
Message edited 1/22/2011 9:16:23 AM.
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Posted 1/22/11 9:06 AM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
csorisi
My 2 LOVES
Member since 11/05 1984 total posts
Name:
Corinne
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Re: going to contract
It is not common especially with an all cash buyer. A contract usually doesn't go through because a purchaser cannot obtain a mortgage.
Things do happen of course but I would say it is not as likely.
Good luck
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| Posted 1/22/11 5:02 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: going to contract
I believe the percentage of homes that go in to contract and close in in the 90% range
cash sales rarely don't close
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| Posted 1/23/11 1:34 AM |
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