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Why Real Estate Deals Fall Apart

Posted by Bonnie Martin Designated Broker on Monday, July 7th, 2014 at 11:30am.

blockhouse_denis-yulia-pogostins__450Real estate deals are never done until the deed is recorded. Until that time, a real estate transaction can be a topsy-turvy ride filled with red flags, bumps in the road and unexpected issues that need to be addressed, both on the side of the buyer and the seller.

The best way to prevent deals from going sideways is to prepare as best you can. All parties involved —buyer, seller and agents — need to do as much due diligence as possible before getting into the transaction. This may sometimes include having tough conversations, doing some work upfront and being open to collaborating when things get a little challenging.

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photo:  ©[Denis Yulia Pogostins]/123RF.COM

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