VIDEO: why do property sales fall through?
Posted on: Sunday, December 31, 2017
A sale falling through can be a seller's worst nightmare. It can set your home search back by months and could cost you money. Thankfully there are some things that you can do to prepare yourself for the possibility and to avoid a sale falling through.
Surveys
If something unexpected and potentially costly comes up in a survey, it may make the sale fall through. Remember to do your own survey, pick up on any issues and get your paperwork in order before going to the market.
Chain
A break in a chain can happen for a range of reasons, from people changing their mind to pulling out because of financial problems. Choose an experienced estate agent, like a Guild Member, to help monitor the chain and keep your sale on track.
Negotiation
Negotiations can be a tricky time, and you can find yourself dealing with surprising demands. Try to be flexible, and remember that a few small details should not make-or-break your deal.
Good preparation and keeping calm should keep your sale on track. If the worst happens, get your home back on the market as soon as possible.
To give your deal the best chance of succeeding, chose a Guild Member to sell your home. Find your local agent by clicking here.