Extra Inning - What if?
Pitch 1
- Fall Through
Sale
falls apart. Often you will hear agents and brokers say, "We celebrate after the
checks clear." A sale can fall through at the last minute or anywhere a long the way.
Be cautious and review every detail with all of the players. A good process
is one that is steady. Once both the seller and the buyer have agreed on
the terms and conditions and you have a contract, be deliberate about
inspections and repairs and check, check, check. Most often tenacity and
planning can eliminate a last minute fall through.
Pitch 2 - Disaster
Fire
or disaster occurs at house. The seller is responsible for the house until and including
closing. Keeping insurance on the dwelling for an extra day is probably a good idea.
An ounce of prevention is worth a pound of cure theory.
Pitch 3 - No-Show
Buyer
doesn’t show for closing. This is probably the exception but it has
happened. Keep those communication lines open.
This falls along the lines of due diligence...clear and open and much used
communication lines. Also, intuition plays an important part...listen. |
