I am working with a set of sellers in Sacramento at the moment who don't like their buyer very much. Part of the reason is they read all sorts of preconceived notions into the things the buyer asks for, which are basically normal things any buyer would ask for but apparently not if these sellers were buyers. These particular sellers would probably be overjoyed if the buyer needed to cancel the escrow. However, most sellers are not.
Sellers are often shocked and thrown for a loop when a buyer must cancel the escrow. It's not unusal in our Sacramento real estate market, for example, for a lender to order two appraisals, and the second appraisal could blow the deal. But there really is a silver lining if the seller must sell the home twice. Read more in my personal blog today on my business website about Sacramento Sellers Who Sell a Home Twice.
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