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did your sale fall through?

Forum Opinion Poll
Yes, we pulled out 7 25.00%
Yes, they pulled out 5 17.86%
Yes, we were GAZUMPED! 2 7.14%
No, it was smooth sailing! 14 50.00%
 

Has anyone had a house sale fall through?

Posted By Message

usuk2004
I'm ONE!

Member since 5/05

5150 total posts

Name:
Farah

Has anyone had a house sale fall through?

Our offer was just accepted this morning, but now I'm petrified that the sale will fall through.

I'm wondering what % of sales don't make it to completion. Someone please tell me I'm overreacting! Chat Icon

Posted 11/8/05 12:32 PM
 

LuckySV
LIF Adult

Member since 10/05

4675 total posts

Name:

Re: Has anyone had a house sale fall through?

We never had a sale fall through but we got our house b/c the other accepted offer pulled out.

Posted 11/8/05 1:01 PM
 

-Lisa-
---------------

Member since 5/05

6530 total posts

Name:
Lisa

Re: Has anyone had a house sale fall through?

we walked away from 3 accepted offers during our house hunt.

Posted 11/8/05 2:17 PM
 

Kate
*****

Member since 5/05

7557 total posts

Name:
Kate

Re: Has anyone had a house sale fall through?

We got into a bidding war after our bid was accepted. We kept bidding higher than the other people, and finally the owner said it didn't matter how much we offered, she wanted to sell to the other people. Chat Icon Chat Icon And she used us to get them to pay more!

This probably doesn't happen that often though, so try not to worry. Good luck!

Posted 11/8/05 2:51 PM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: Has anyone had a house sale fall through?

We made sure to get the inspector in right away, 48 hours after offer was accepted, limited what we negotiated into the contract as far as inspector's findings, and got to our attorney's office the day the contracts did to sign and send them back.

We were nervous thast another offer would come in and beat ours because we bid 20K below asking and it's appraisal was 30K over what we paid. We kinda lucked into timing because the seller was away all weekend and the only realtor with a key was out in Riverhead all weekend so we were the only people to see it after it had gone back on the market after a sale fell through. We made our offer that night (Sunday) and we signed the contracts by Thursday or Friday.

Just make sure you move as quick as you can through the process until they sign the contracts.

Posted 11/8/05 3:02 PM
 

dengal
Dad of Twins

Member since 5/05

1385 total posts

Name:
The 80's Man
Let's Go Mets!

Re: Has anyone had a house sale fall through?

We had the original buyers of our condo bail out. They couldn't get a mortgage and wanted us to lower the price.

Posted 11/8/05 10:35 PM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: Has anyone had a house sale fall through?

We bailed on 3 houses, its normal and usually for the best. Beleive it or not

Posted 11/9/05 9:46 AM
 
 

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