It’s the little things… that often derail deals

August 25, 2013

There are many things along the course of a real estate transaction that can cause problems or even kill a deal: a bad inspection, issues with a condo association, disagreements over P&S language, financing… And even in the final days before closing, when buyers and sellers assume it’s smooth sailing, a problem can still arise over something as seemingly trivial as whether a ceiling fan is supposed to stay with the house. The New York Times recent article, “How Fights Over Fixtures Can Derail a Closing,” offers some real world examples of this phenomenon. It would be funny if it wasn’t so true…

NYT_fixtures

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