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I Thought That House Was Under Contract?
I often get questions about why a house that was under contract is no longer under contract.This blog post by Bill & Liz explains some of the reasons why.
And remember, in Texas, if there is an option period, the buyers can terminate the contract for any reason (and they don't have to disclose that reason) at any time during the option period. Their earnest money will be refunded.
If you have questions about buying or selling in the North Texas area, or if you have a house you'd like to sell and/or a home you'd like to buy, contact me!
You're watching a home for sale.  You've watched it go from Active to Pending back to Active.  Maybe even more than once.
What's the deal with the no deal?
The amount of time involved can tell you a lot about the most probable "why" reasons the deal may have fallen through.
3 days or less from contract accepted to back on market?
1.  Off site conditions.  (e.g. that sex offender on the county sheriff's registry a few houses down...adios deal).
2.  A review of the HOA rules (or financials) and the buyer saw something they couldn't live with.
3.  That preapproval ... more

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