reasons to be back on the market in real estate: WHY is the listing "Back on the Market" ?
- 03/03/18 06:41 AM
There is not ONE answer to this question...and sometimes not ONE you can give at all as a listing agent. In Wisconsin...there are 3 reasons a home may appear back on the market. The first is Financing. While a pre approval may have been required (certainly should be) by the listing agent....the Loan Officer/Financial institution may not have done their due diligence.....and as a result the borrower does not qualify for the mortgage. Can this be fixed ? Maybe... In Wisconsin...part of the financing contingency states not only the loan amount and maximum interest rate...but also the KIND of loan. For … (17 comments)
There is not ONE answer to this question...and sometimes not ONE you can give at all as a listing agent.
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