When The Buyer Backs Out: Real Estate Sales SolutionsWhen The Buyer Backs Out: Real Estate Sales Solutions


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When The Buyer Backs Out: Real Estate Sales Solutions

The first time I sold a house, I had no idea that the buyer could back out of the contract partway through. I was taken aback when it happened to me, and my real estate agent had to explain the process of terminating the contract and requesting the earnest deposit. After the contract was terminated, I spent a lot of time researching why a buyer could back out of a sale, what I could do about it as the seller, and ways to minimize the risk of it happening. I created this site to share what I've learned in the hopes of preventing other homeowners from experiencing what I did. I hope it helps you to be better prepared as you sell your home.

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5 Beneficial Upgrades For A Newly Built Home

If you have decided to purchase a newly built home, the builder may give you the opportunity to select upgrades to make the home more fitting for your family. Here are a few upgrades that are often offered for a newly built home:

Higher Quality Appliances

Many new homes come with standard appliances that can be upgraded for an additional cost. If you prefer high-end finishes and maximum energy efficiency, you may have to upgrade. Stainless steel and energy-saving appliances may be a bit pricier, but they can be well worth the investment in the long run. Stainless steel is easy to clean and will likely match any future changes to your kitchen decor, and energy efficiency will help you recover the price of your investment over time.

Under-cabinet Lighting

Although the overhead lighting in your kitchen is important, under-cabinet lights can also be beneficial, especially if you love to cook. Being able to see items on your countertops clearly and easily can help you avoid frustrating mistakes. Additionally, it can help you be less dependent on the other lights in your kitchen space.

Floors with Radiant Heat 

If you are not selecting carpet as your flooring, radiant heat can keep your feet toasty on a hard floor. This can be important if you live in a colder climate. Instead of focusing on the upfront cost of the radiant heat. Consider the increase in comfort and the benefit to your home's resale value. Also, keep in mind that your upgrades will be included in the overall cost of your home, so the expenses will not be directly out-of-pocket unless you are paying cash for the property.

Granite Countertops

Granite countertops are durable, easy-to-clean, and attractive. Selecting granite for your new home can help ensure that your kitchen looks as beautiful in years to come as it does the day that you move in. Be sure to select a pattern that is bold enough to add pizzazz to the space, but not so bold that it is overwhelming. 

Hardwood Floors

Hardwood floors are sometimes an upgrade over carpet. Hardwood is a great choice because of its timeless beauty. Additionally, for people with allergies, hardwood is less likely to harbor allergens and is easy to clean of dust and debris.

To learn more about the upgrades that may be available for a newly built home in your area, schedule a consultation with a local real estate specialist like Diamond Realty.