Oh my gosh, it fell out of escrow a second time! Back on the market for the third time? As if once wasn’t enough? That's the reality you’re hearing from a lot of sellers as this market cools off and the buyer’s lenders scrutinize the property values on the homes they are trying to buy with a giant magnifying glass.
Why three times, you ask? Take a look at this very real scenario . . .
A seller lists his home for sale higher than his agent recommends. The first time around the buyer and seller agreed upon a price. Of course it was more than the buyer wanted to pay and less than the seller wanted to accept, but a deal no less.
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