Reasons A Perfectly Good Real Estate Property Listing Does Not Make It To The Finish Line. What Are The Most Classic And The Didn't See That One Coming Causes For A Property Not To Close?

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Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY)

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1,619,361

Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO

Big Block Realty 858.232.8722 - La Jolla, CA

Serving Coastal San Diego, Veteran's & Seniors

Unforeseen repairs, property line or easement issues. Seller: death, divorce, job loss or a seller that doesn't truly want to sell.

Sep 29, 2018 07:57 AM

Upvote

6

Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID
Brenda Mayette

Glenville, NY
Kathleen Daniels, Prob...

San Jose, CA
Thomas J. Nelson, REAL...

La Jolla, CA

Rainmaker
5,584,639

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

last minute title search by closing attorney.... a title issue surfaces and it's not a marketable title... no one will certify it....

Sep 29, 2018 08:20 AM

Upvote

5

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID
Kathleen Daniels, Prob...

San Jose, CA

Ambassador
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Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

Easement issues, repair issues, buyer losing job, financing issue

Sep 29, 2018 08:18 AM

Upvote

5

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID
Kathleen Daniels, Prob...

San Jose, CA

Ambassador
2,707,918

Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

Barriers to showing. Appointment only, must be accompanied, guard dog, day sleeper, etc.

Sep 29, 2018 07:44 AM

Upvote

5

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Lyn Sims

Schaumburg, IL
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID

Rainmaker
809,308

Kasey & John Boles

Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID

Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Mimi Foster had a good one the other day. Seller just didn't show up to closing. Although she did see that coming... -K

Sep 29, 2018 08:51 AM

Upvote

4

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Mimi Foster

Colorado Springs, CO

Ambassador
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Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

In my 15+ years experience the only reason a property did not close was that the sellers had an FHA loan and did not reach out to me in time to do a short sale before the lender foreclosed.

One seller changed their mind ...we had 7 offers on the table!

Sep 29, 2018 08:34 AM

Upvote

4

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kathleen Daniels, Prob...

San Jose, CA

Rainmaker
5,481,776

Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Once I had an easement show up on a survey the title company missed in there initial search. Surprise! It went through the middle of a house on acreage.

Sep 29, 2018 07:47 AM

Upvote

4

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID

Rainmaker
532,737

Marie Story

Coldwell Banker - Pinecrest (Miami) - Pinecrest, FL

Broker Associate, Pinecrest (Miami) Specialist

From what I've seen, the number 1 reason a property does close is because of financing issues.

Sep 29, 2018 07:42 AM

Upvote

4

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID

Rainmaker
5,114,065

Richard Weeks

Dallas, TX

REALTOR®, Broker

Does not show well, or seller refuses to let the property be shown

Sep 29, 2018 08:49 AM

Upvote

3

Debe Maxwell, CRS

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID

Rainmaker
5,774,095

Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

Death was one of the one we encountered on either side of the deal. A

Sep 29, 2018 08:14 AM

Upvote

3

Nina Hollander, Broker

Charlotte, NC
Michael Jacobs

Pasadena, CA
Kasey & John Boles

Boise, ID

Rainmaker
8,149,414

Roy Kelley

Retired - Gaithersburg, MD

Bad advice from family members.

Sep 29, 2018 05:35 PM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
2,071,135

Evelina Tsigelnitskaya

SIB Realty - Sunny Isles Beach, FL

Great question.

I have never had that experience.

Sep 29, 2018 03:27 PM

Upvote

2

Debe Maxwell, CRS

Charlotte, NC
Evelina Tsigelnitskaya

Sunny Isles Beach, FL

Rainmaker
1,598,552

Valeria Mola

SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL

305-607-0709 SIB Realty Condos for Sale and Rent

Going to read your post.

Sep 29, 2018 03:23 PM

Upvote

2

Debe Maxwell, CRS

Charlotte, NC
Evelina Tsigelnitskaya

Sunny Isles Beach, FL

Rainmaker
4,800,282

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Title/Setback issues is a biggie.

Sep 29, 2018 11:30 AM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
1,870,453

Lyn Sims

Schaumburg, IL

Real Estate Broker Retired

Wierd financing things like a bank deciding that your 8 hr job is part time.

Sep 29, 2018 10:46 AM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
4,737,169

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Stuff happens. In real estate. And in real life.

Sep 29, 2018 09:39 AM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
873,700

Brenda Mayette

Miranda Real Estate Group, Inc. - Glenville, NY

Getting results w/ knowledge & know-how!

Inspection issues

Title issues

Property line issues

Karma

Sep 29, 2018 08:49 AM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
577,850

Gloria Valvasori, Accredited Senior Agent

BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON

REAL Experience | REAL Commitment | REAL Results!

I have no clue, I have never had that happen to me.

Sep 29, 2018 07:04 AM

Upvote

2

Nina Hollander, Broker

Charlotte, NC
Debe Maxwell, CRS

Charlotte, NC

Rainmaker
5,310,754

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

What Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D said. Fortunately, It's happened so rarely to me in 25 years that I can't even thing of a situation when it did, but twice when the seller decided at last minute not to accept his corporate relocation and a buyer who was being relocated was fired along with 100 other people one week prior to closing.

Sep 29, 2018 11:13 PM

Upvote

1

Thomas J. Nelson, REAL...

La Jolla, CA

Ambassador
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Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Inspection items, easement issues, financing issues. I haven't really had many other issues to botch a deal!

Sep 29, 2018 08:30 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
3,988,138

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Title properties from out of the blue have stopped the closing. Ex's surfacing or estranged children wanting a claim.

Sep 29, 2018 05:48 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,538,434

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

easement lines.

Sep 29, 2018 02:11 PM

Upvote

1

Debe Maxwell, CRS

Charlotte, NC

Rainmaker
564,544

Maria Sapio

Keller Williams of Central PA - Carlisle, PA

Real Estate Agent- Carlisle, PA. Mariasapio.com

I had a seller get 'cold feet' once when an offer was received

Sep 29, 2018 11:06 AM

Upvote

1

Debe Maxwell, CRS

Charlotte, NC

Ambassador
6,685,588

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Financing

Inspections

Cold feet

Sep 29, 2018 09:00 AM

Upvote

1

Debe Maxwell, CRS

Charlotte, NC

Rainmaker
6,002,794

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Had an easement that ended up killing a deal.

Oct 02, 2018 12:51 PM

Upvote

Rainmaker
3,986,473

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Divorce or a silent owner

Oct 01, 2018 06:57 PM

Upvote

Rainmaker
2,249,064

Michael J. Perry

Fathom Realty - Lancaster, PA

Lancaster, PA Relo Specialist

Owners ca

hange their mind about selling !

Sep 30, 2018 11:47 AM

Upvote

Rainmaker
3,416,372

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

After over priced, i would say a seller who does not let buyers in to see it when they need to.

Sep 30, 2018 06:05 AM

Upvote

Rainmaker
4,434,227

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Mortgage problem

Sep 29, 2018 05:09 PM

Upvote

Rainmaker
2,848,056

Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

Failure to follow instructions timely can HALT it all and put kill it on standby

Sep 29, 2018 11:23 AM

Upvote

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Unforeseen repairs, property line or easement issues. Seller: death, divorce, job loss or a seller that doesn't truly want to sell.
last minute title search by closing attorney.... a title issue surfaces and it's not a marketable title... no one will certify it....
Easement issues, repair issues, buyer losing job, financing issue
Barriers to showing. Appointment only, must be accompanied, guard dog, day sleeper, etc.
Mimi Foster had a good one the other day. Seller just didn't show up to closing. Although she did see that coming... -K
In my 15+ years experience the only reason a property did not close was that the sellers had an FHA loan and did not reach out to me in time to do a short sale before the lender foreclosed.

One seller changed their mind ...we had 7 offers on the table!
Once I had an easement show up on a survey the title company missed in there initial search. Surprise! It went through the middle of a house on acreage.
From what I've seen, the number 1 reason a property does close is because of financing issues.
Does not show well, or seller refuses to let the property be shown
Death was one of the one we encountered on either side of the deal. A
Wierd financing things like a bank deciding that your 8 hr job is part time.
Inspection issues

Title issues

Property line issues

Karma
What Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D said. Fortunately, It's happened so rarely to me in 25 years that I can't even thing of a situation when it did, but twice when the seller decided at last minute not to accept his corporate relocation and a buyer who was being relocated was fired along with 100 other people one week prior to closing.
Inspection items, easement issues, financing issues. I haven't really had many other issues to botch a deal!
Title properties from out of the blue have stopped the closing. Ex's surfacing or estranged children wanting a claim.
I had a seller get 'cold feet' once when an offer was received
After over priced, i would say a seller who does not let buyers in to see it when they need to.
Failure to follow instructions timely can HALT it all and put kill it on standby