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Real Estate
Reply to "How often do contracts on houses fall through?"
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[quote=Anonymous][quote=Anonymous]We had one fall through because the buyers tried to use the inspection to renegotiate the price by a significant amount. we had only been in the house 2 years, and the items they complained of were not legitimate after we agreed to get independent contractors to provide estimates. We decided they weren't acting in good faith and the deal ended up not going through. I think that's pretty common, as is a scenario in which buyers can't obtain financing. [/quote]Is a buyer allowed to do that? I heard if the contract is signed, and if the home inspections shows some thing wrong, they can demand it is fixed or paid for, but cannot really deman whatever and go all extreme If they do then they are in breach of the contract, in that they never intended to buy the house anyway[/quote]
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