10/26/2021
When a home comes âback on the market,â that means the house was under contract but now has come back on the market. Before you immediately assume this is a huge red flag, Check out some common reasons homes come back on the market below!
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1ď¸âŁÂ Buyerâs remorseâ¨Sometimes buyers get cold feet, or sometimes they find another home that they like way more. It happens!
2ď¸âŁÂ Inspection resultsâ¨Home inspectors can always find something wrong with a property, even new construction. Though sellers are usually willing to fix the issue or make it up to the buyer somehow, occasionally, some buyers will choose to back out entirely.
3ď¸âŁÂ The buyer had more than one optionâ¨Depending on the local market, some buyersâ agents suggest that buyers put down offers on multiple homes. If buyers end up with more than one contract, they have to back out of others, resulting in those homes being placed back on the market.
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There are tons of reasons why homes are placed back on the market, and it doesnât always mean something is wrong with the house! Thatâs why one of the most essential things you can do as a buyer is asking questions! đ
MEGAN SURETTE - REALTORÂŽ / Home Stylist
Email: [email protected]
Cell: (617) 233-1306â¨Website: www.BeAtHomewithMegan.com