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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Relocate These Vehicles Before Prospective Buyers Visit Your Home

If you're the type of homeowner whose family uses a wide range of vehicles throughout the year, it's important to have a plan for these bulky machines when you're selling your home. Vehicles can be detrimental to your ability to sell, so relocating them in advance of an open house or a showing booked by an interested buyer's real estate agent is a decision that you won't regret. Moving your vehicles may take a little effort, but the result can be a higher likelihood of selling your home. Here are some common vehicles and why you should temporarily relocate them.

Boats And Watercraft

If your family loves heading to the nearest lake for a day of fun in your boat, you may store the boat on a trailer in your yard when it's not in use. While it's improbable that someone will fail to make an offer on your home simply because there's a boat in the yard or driveway, the reality is that the size of this vehicle can make it difficult for people to assess the side of the yard and, in some cases, even see the home properly from the curb. Relocating the boat — for example, parking it in a friend's driveway for the day — can make your yard appear larger and provide more curb appeal.

Spare Cars

In addition to the vehicles that they drive regularly, some homeowners may have a spare vehicle parked in the driveway or, even worse, on the lawn. In many cases, this vehicle won't be in running order, which can make it a real eyesore. It's a smart idea to remove any spare vehicles before prospective buyers visit your home. Not only will the removal make your yard and driveway feel larger, but this task will also improve how the space looks. If the car can't be driven, consider having it towed to a different location.

Smaller Vehicles

Things such as motorcycles, snowmobiles, and other smaller vehicles are often kept in your garage, but it's ideal to remove them before someone comes to look at your home. Collectively, these vehicles can clutter the garage and make it feel cramped and small. What might actually be a large, spacious garage won't necessarily be seen that way by prospective buyers, which could hurt your chance of selling your home for your desired asking price. It's best to park these vehicles at a friend's house when people will be visiting your home.