What Is Negligent Omission In Real Estate?
Negligent omission in real estate refers to a failure to disclose a material fact about a property—not because of in...
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When Do Buyers Back Out At Closing?
Buyers backing out at or near closing is uncommon but not rare. On average: 🔢 Estimated Back-Out Rate at Closing:...
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What Is FTD?
In the context of a home sale, Failure to Deliver (FTD) typically refers to a party not fulfilling a contractual obl...
How Often Do Closings Fall Through?
House closings fall through surprisingly infrequently, but when they do, it’s usually before the actual closing date...
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How Often Do Buyers Back Out At Closing?
Buyers rarely back out at closing, but it does happen — and when it does, it can be stressful and costly for everyon...
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P&S Meaning In Real Estate
In real estate, P&S stands for Purchase and Sale Agreement. It is a legally binding contract between a buyer and...
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The Importance of an Agreement Cancellation Letter
An agreement cancellation letter in a house sale is an essential document that formally ends the real estate contrac...
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Terminating A Real Estate Contract By Buyer
Terminating a real estate contract as a buyer is legally allowed in many situations—but it must be done correctly to...
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Addendum to Contract
An addendum to a real estate contract is a legal document used to modify or add terms to the original purchase agree...
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Negotiate After A Home Inspection
Negotiating after a home inspection is one of the most critical moments in a real estate deal. Here’s a step-by-step...
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