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The 3 Biggest Reasons You Can’t Sell Your Home

Source: MarketWatch

 

So-called “sale fails” are on the rise. Deals to sell homes are falling through at a faster rate than they were a year ago, according to a report released Wednesday by real-estate site Trulia, which found that on an annual basis, the failure rate has nearly doubled to 3.9 percent in 2016, up from 2.1 percent in 2015. The real estate site looked at all listings that were pulled for the first two months of each quarter from the fourth quarter of 2014 through the fourth quarter of 2016.

 

Home sale deals fail for three main reasons, said Felipe Chacon, a housing data analyst for Trulia: a buyer can’t get financing, the inspection turns up something bad, and/or the appraisal doesn’t match up to the sale price.

 

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About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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