So, you signed and accepted a Purchase Contract and you’re off to celebrate! Not so fast, my friend – your sale isn’t final until the last condition is waived. Here are six reasons why real estate sales fall apart:
#1 Mortgage Approval Problems
Even buyers who take the time to get pre-approved can be declined for a mortgage. Some “pre-approvals” are just loosely calculated pre-qualifications. The lender hasn’t verified the buyer’s income or confirmed that...
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