Buying a Northeast Metro-Atlanta home? Get a full home search
Selling a Northeast Metro-Atlanta home? Home Price Evaluation
Today we are here to answer a common question that we’ve been getting from our clients, “Why are so many real estate contracts being terminated?”
Well, one reason is that values have increased so much in the last few years, which is creating an unfortunate situation for both buyers and sellers. Buyers feel like they are paying top dollar for the house they are purchasing. At the same time, sellers, who bought high, feel like they are giving the house away.
Another reason we keep seeing this happen is because our inventory is so low right now, many buyers are finding themselves in a multiple offer scenario. When they try to vie for position to win the house, they end up spending all they have got. When we get to the inspection period, sometimes we just have a hard time connecting on what repairs need to be done, and which ones don’t.
How can we help you out today? Well, having an agent who understands this process and knows how to negotiate is ideal. You should also have a reputable home inspector. We want to make sure that there is some negotiating room when you get to the inspection period, because if the buyer or seller gets there and can’t come together for a fair deal, the contract is going to fall apart.
If you have any questions for us, or would like to get in contact with a reputable home inspector to get you through the transaction, give us a call or send us an email. We can’t wait to help you out!
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