Here is a Cancellation to Welcome Home Sacramento

By
Real Estate Agent with Lyon Real Estate BRE #00697006

When we first received an offer from the buyer's agent on a particular listing, it was received two weeks after the agent showed the home. He apologized for the late delivery of the offer. Which seemed very strange. No other explanation. It was also a financed offer with a 21-day close. Did not seem real, but since the paperwork checked out and we had no other list-price offers like this one, we accepted it.

Of course, we had to issue a counter offer to fix all of the mistakes and oversights in the offer but that's par for the course for a listing agent in Sacramento real estate. You would be amazed at how many agents cannot write a clean offer. But I was not expecting to receive a cancellation at 10 PM, the minute I landed from Hawaii in Sacramento.

You can read more in my personal blog today at this link: Cannot Get Off the Plane Without a Buyer Cancellation.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Topic:
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Tags:
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buyer cancellation
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cold feet buyers
why buyers cancel buying a home

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Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Elizabeth... not a great "welcome home," for sure. Can't say I've experienced the same level of cancellations you have in Sacramento. In recent years, only two. In one case, the buyer found out 9 days after the contract was written that his company was closing their office and laying everyone off. No job, no loan. We resold the house in 24 hours at more money. In another case, buyer got cold feet after after a bad inspection where the seller was the victim of an over-zealous inspector according to the structural engineer we called in to verify. Both agents notified me by phone first.  But the second one would not discuss with her buyers that a structural inspection showed nothing wrong. We resold that house, as well, and for more money.

Sep 08, 2018 01:56 PM #1
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Elizabeth= why is it that these things always happen just as you arrive home after a trip or vacation?  What do you think the reasons are for the cancellations???

Sep 08, 2018 04:42 PM #2
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