When Home Buyers Change Their Minds

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When Home Buyers Change Their Minds

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The offer was accepted. The mortgage was approved. What happens when the buyer gets cold feet and wants to back out of the deal?

Jason Michael faced this issue about 18 months ago when he listed his three-bedroom home in St. Louis. Mr. Michael, a 36-year-old public-relations executive, asked $130,000 for his home and accepted an offer for…

By | 2017-04-05T14:46:13+00:00 April 5th, 2017|Comments Off on When Home Buyers Change Their Minds