It’s 105 Degrees Outside. What Do You Mean You Have Cold Feet?
It seems like people have cold feet these days. Two of the past three pending sales that I have written about have backed out. No inspections, just changed their minds.
One time, it was the seller, and this last time, it was the buyer.
It just blows my mind. But then again, I am not the kind of buyer who returns items the next day because I’ve changed my mind and think they don’t look good or fit right. I don’t buy things that I am not sure of.
BUT, this is exactly what the buyer's option period is for. Or in the seller’s case, the seller financing addendum gave them time to consider whether or not they wanted to finance.
In both cases, nothing had changed except for the buyer and seller’s minds.
This is what our office calls the REAL ESTATE ROLLER COASTER!
We ride high when the contracts are accepted, and go low when they change their minds.
I am looking forward to doing the loop to loop when the next one makes it through closing! ☺
Wheeeeeeeeeeeeee.......................
It’s 105 Degrees Outside. What Do You Mean You Have Cold Feet?
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