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Real Estate
Reply to "How often do contracts on houses fall through?"
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[quote=Anonymous]Agree with PP, while re-negotiating price after an Inspection Report the buyers either (a) walk away/nullify contract, or (b) do nothing and ratified contract continues. Unclear when/how the deal fell apart because the buyer could not 'pull the plug' unless turning down an ultimatum and then signing the buyer's null & void doc. Reads like the sellers did not agree to fix or compensate anything (real or imagined) and thus the buyers pulled the contract. Definitely happens, could be b/c buyers wanted out, but usually b/c sellers prefer to find someone else who will pay the high price and not care about with inspection results.[/quote]
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