How to Handle Your Home Sale Falling Through 🦅 🌎 ⚓️
How to Handle Your Home Sale Falling Through
PROBATE AND ESTATE SALES
REO of the Week
Apple Home of the Week
Mountain View Home of the Week
FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist
Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist
WHEN IT'S TIME TO SELL YOUR HOME:
-$15,000 off the list fee if we don’t sell it within the first 15 Days
-Repairs and upgrades managed and paid at closing
-Your home sold guaranteed, or we’ll buy it
-Inspections paid at closing
-Staging included
-360 Virtual Tour
Vito Scarnecchia,
Broker, Realtor, Dad
Abitano.com DRE01407676 408.479.2427
Call today to get started! Offer Valid until 4/1/2026
When Your House Falls Out of Contract
What happens when your house falls outta contract? It happens, more and more is happening. And we'll talk about the actual numbers when we get to the numbers today with The etheres and all that stuff.
Handling a House Falling Out of Contract
So how to, handle your home from falling or when your home falls outta contract, there's nothing you can do about it, right?
Sometimes, look, there's a there aretimes your house just isn't gonna get an offer because you priced it too high, the market has slipped, or you haven't done your homework. Now you the selleyou'renot the agent, because the agent is always gonna tell you, list it low. And, see what we can do to get more offers in, and then we can push it up and see where it actually lands.
If you price it at or above, you're going to piss off a lot of buyers for wasting their time. If you price it right, sometimes your house will. Sell correctly.
Inspection and Disclosure Importance
Now, you can sell a house without an inspection, but the buyer has the right and duty to understand what they're buying.
That means they're gonna have their inspectors come through, and typically it's a property, a roof. Pest. And if you have a pool or you need a foundation or whatever, you want to disclose all that before you do it. But if you don't, they can come back and bite your arm off one inch at a time and say, I want this, I want this and I want this.
And you, as a seller, have absolute authority to say, yes, I'll take care of it all, or No, I'm notnoonna take care of any of it. Or I'll give you half. We'll do half of it. And then it's the buyer's decision if they're going to accept that or not. if they don't orIfou don't, then it falls through, and it goes outta contract and it's n,ot the fault of the buyer.
It's the fault of your not negotiating.
Contingencies and Negotiations
Your home appraises for less than the sales price. We have a contingency for that. And when the market's crazy hot, those contingencies get waived. It means if you want to spend $200,000, $400,000 more than what you think the house is valued at, just to get that house.
And if it doesn't appraise the seller can say, say you know what? I'm not, gonna take anything less than that. If you're the buyer and you don't have the money to actually do it first of all, shame on you for putting that kind of money up or that kind of an offer up without being able to back it up.
Shame on your agent for pushing you into that situation.
But sometimes appraisals just don't come through, and that's just part of life. Sometimes you can meet halfway, sometimes you can say yes or no, but if the buyer can't or decides not to do it, and that contingenthose in place, they can pull right out. That screws you over. There's an opeThere'son your property that's uncovered by a title search.
I sold a house once where there was a redtag on a permit that wasn't found until the day we got into contract. It was not on the title search. And we decided to handle it. And we told the buyers, we just found this. We're gonna handle it.
We're adults. You need to be a little bit patient with this. So there's an open lien on your title search or your buyer's financing falls through. That's another contingency, right? There's property condition, there's loan, there's an appraisal, and. The need to sell, if that actually happens, happened to me last year; they couldn't. They heir house, so we had to let them go, and they weren't willing to take the risk.
They have that contingency in place; that's just the way it is. it happens.
Italing with Financing Issues
Your buyer's financing falls through. Mm, kind of sucks, but it is what it is. You get fully approved through an underwriter. And then, oh, all of a sudden it didn't work, out it is what it is.
Can you cry about it? Can you yell and scream? Can you lose sleep? Absolutely. You can also go, okay, I'm not gonna fight you on it. Here's your deposit back. Go On.
Seller's Perspective and Ethical Considerations
There's another thing I always tell the scenario, right? And I want to gauge sellers to see where they sit on this. let's Let'shat all the contingencies are removed and we're four or five days away from closing.
'cause this has happened before. And then one of the buyers loses their jobloses's Silicon Valley. It happens all the time. Right? Well, what happens if we're gonna do this, we're gonna do that. would you be letting them out? And I look at their eyes and I know yes, or no, they could say yes, I would be okay with giving the deposit back.
But I look at their eyes and I make sure. Because that's a huge tell to me, saying that you're a good person or not. Because if somebody loses their job that means that they have tens of thousands of dollars into a deposit on a home that they can't close on. And you, as a seller, have full authority to keep that. It happens once every two years or so. For me. So it just kind of happens. You just have to be willing to roll with it. First, get an inspection done. Make sure that there are no issuthere aret we know what those issues are, and we disclose them.
Meaning that if you're a buyer, you're going to sign those inspections and disclosures before we accept an offer from you. If there's an appraisal issue, you need to work with the pricing expectations of the seller, right? You must understand appraiser took a look at it, and while you think your house is worth $10 million, it's really worth $1 million.
title insuranceTitleomething that you're just gonna work with. they do their beTheybut it's a human run bhuman-runhere mistakes are made not often. make sure that yMakehome, when you accept an offer, your agent has looked at.
The loan approval, they talk tothe loan officer, and it's a fully underwritten loan approval before you go into offers. if they say, ohIfwell, we just don't do that anymore. Don't work with that buyer or tell 'em, I want you to have your buyer work with this lender.
get fully approved, because I wanna make sure that they're fully approved and that's a huge thing. Signs of buyers are gthatna back out. Include not meeting deadlines or returning necessary paperwork. That's a huge indicator that you're gonna lose sleep over that. And it's because sometimes buyers are not fulfilling the obligations of what they wrote in the contract. There's nothing you can really do about it. you can always use your agent. It could be an agent that doesn't know what they're doing. And they, in this article, it talks about marketing and redo this and that. Yeah, absolutely. You can redo it. But here's the thing.
If the price doesn't appraise, or the house doesn't appraise for what you think your house is worth. There should be a knock in the socks saying, Hey, look, your house isn't worth what you thinkwhats worth. It's worth what a buyer's willing to pay and can Pay.
Sometimepayhanging agents and finding someone with a strong reputation of success. Yeafor that's baloney. A good agent knows how to protect you knows how to get your house to market and knows how to negotiate. However, at the end of the day, if you are all about taking money away from people who are down and beat down, that's on you.
I'm not gonna let that happen. It's discouraging when a house falls out of contract. It frustrates everybody, and everybody loses sleep over it, but knowing how to get through everything and make it happen. That's the agent that you want to work with, who knows who pull you out of the mud and get you marching again.
So there you go.
Property of the Week: Ben Loman and Mountain View
All right, enough of that Benko property of the week. Ben Loman, highway ninHighway Nine600,000, four bedroom, two bath, 2,400 square feet, built in 1941. They have 12 fantastic pictures to look at. One thing you have to realize, this is Ben Loman, and this is in the Fire District. You will have to pay a fair plan on this house that has maintained at all for $600,000.
And a fair plan again is just for the structure, not for anything inside. So you'd have to have everything else covered And Mountain View Home of the week is Velarde Street. This is one of those, McMansions.
They tore down an old house and put this up. $4 million, four-bedroom, four-and-a-half baths, 2,700 square feet built in 2026. They just finished it. Let's take a quick look inside. That's ridiculous. Concept. Image of the Gowan plan. Oh, this is all AI. Limited warranty. Well there you go. Something I learned every day. I like it. 'cause you're still walking Distance to Mountain View to Castro Street. Something to take a look at.
Probates and Estate Sales
Guys, probates, estate sales.
If your parents are getting older and need to move into an adult community, let's have a conversation. It's one of those things that are happening over and over again and it's happening with my parents too. I just moved them into an adult community so we can keep an eye on 'em. And it goes quick.
you need to be prepared. If you think, oh, we can just put 'em here instead of there. Make sure you talk and have conversations with your doctors and all the other care providers.
Market Update and Closing Remarks
San Jose or Santa Clara County, 40 days on market.
Right now we have 90 days on market as 57, which is the same as last week. And the same thing with the REO and the Bay. It's almost like nothing's closed or went into pending.
Crazy, right? Rio went down just a tad bit all over California and we're seeing, new inventory come in. We have 352 homes for sale in San Jose and 728 in Santa Clara County. And then pending, we went 57, which is a huge jump. We're back up to normal numbers. I think it was just because everybody was freezing over the last three weeks and now we're thawing out. we only had 24 closings and same thing here. We had 48 closings this last week. Again, that's nothing great, but we're also in the winter months, which is the lowest of the four Seasons for us, We're going into February here, and then next month is March, and that's when the meat season starts.
So if you haven't started talking about getting your house ready to sell right yet, now's the time to do it. Let me know. I'm Beto with Abano. We'll see out there.
Wednesday Real Estate Snapshot 🦅 🌎 ⚓️
🔴 Insurance Adjuster What You Should Know https://youtu.be/8IWgof1qvnc
🔴 Renters losing MORE than Rent! (Bay Area Median Home Prices) https://youtu.be/VwLrwX2YuHo?t=41
🔴 MoonBeans Coffee https://www.youtube.com/watch?v=OmHpGXVu5sQ&feature=youtu.be
Videos edited by Vydeoease.com Use Exemption code VEASY
Vito Scarnecchia
Real Estate Broker, Veteran, Dad
DRE#: 01407676
408-479-2427
FREE DESKTOP APPRAISAL https://www.propertyrate.com/agent/vitoscarnecchia
If you are moving ANYWHERE in the world - Let me know! I know a LOT of AMAZING Agents!
🔴 Willow Glen's five most expensive homes https://youtu.be/3A_E2ck0ePg
#BedlamWhereChaosResides, What should a realtor do to sell your house,What should you not do when selling a house,Why is home not selling,Is it better to sell as is or fix up,Home much money is lost when selling a house,Is it bas to sell a house as is,Where should I sell my house for money is 2021,Is money from the sale of a house considered income,Do you get all the money when you sell your house,Do you have to buy another home to active capital gains,What happens when you sell a house and make a profit,Can I sell my house and keep the money ,What month is the best to sell a house,How much money do I keep when I sell my house,How to I avoid paying taxes when I sell my house,How do I sell my house in 5 days,Whats the quickest way to sell a house,How can I sell my house quickly ,Is it better to sell my house or rent it out,How do I sell my house in 30 days,What does teh seller have to pay when selling a house,How p[ays closing costs on for sale by owner ,Who pays the title company at closing,Who pays for appraisal buyer or seller,How do I calculate my closing costs as a seller,Can a realtor lie about other offers,Do sellers always pick the highest offer,Can ou sue a real estate agent for lying,How do you make sure your offer is accepted,Can buyer talk to seller directly,What do you say when you reach out to a realtor,Do you tip your realtor,Why do realtors now want buyers and sellers to meet,Do I have to pay my realtor if I decide not to sell,Can you work with multiple realtors,Can you fire your real estate agent,Are realtors rich,Should I interview multiple realtors,Are you obligated to a real estate agent,What should I do to my house before selling ,What sells a house fast,What brings more value to a house,What features sell a house,What to do if a house is not selling,Do vacant homes sell faster,What are the worst months to sell a house,Which month is best to sell a house,Is 2021 a good year to sell a house,What adds most value to a home,How can I increase my chances of selling my house,What makes a house harder to sell,What brings down property value,What are houses not selling 2021,What adds teh most value to a house,What is the most common reason a property fails to sell,What should you not fix when selling a house,What adds teh most value to a house,Does Zillow pay fair prices for homes,How to I sell my house that need repairs,Do sellers have to fix everything on home inspection,Can you sell your own property as a real estate agents,Does a realtor make money on a for sale by owner,Can I use a real estate attorney instead of an agent,Can I be my own buyers agent,Do real estate agents make more than lawyers,Do realtors get paid if a house doesn’t sell,Do agents get paid for open house,Can I ask my realtor to take a lower commission,How much does a real estate agent make monthly,Which real estate agent has the lowest commission,Can I represent myself as a real estate agent,Do brokers make more than real estate agents,Can you bypass a real estate agent,Can I represent myself in buying a house,Can you buy a house yourself,Do Realtors get commission on for sale by owner,Is it better sell your house by owner or realtor,How do you negotiated for sale by owner,Is it hard to sell a house without a realtor,Can you ask a realtor to take a lower commission,What home improvements add the most value,What should you not fix when selling a house,What color carpet is best for selling a house,Which home renovations are your best investments,Which home improvements pay off,What is the best way to renovate a house,What is the most expensive part of a kitch remodel,What home improvements do not add value,Is a 4 bedroom house worth more than a 3 bedroom house,Do home improvements increase value,What features sell a house,What order do you renovate a house,What renovations are worth doing,Is it better to renovate or move,Is it cheaper to renovate or build new,How much does it cost to fully renovate a house ,What should I renovate first,What makes property value increase ,What negatively affects home appraisal,Do home appraisers look in cabinets,Do appraisers look in showers,What matters in a home appraisal,How can I maximize my home appraisal,Is land a good investment 2020,Is buying land a building a house cheaper,Is it better to buy land first,How to I buy money with no money,Is land a bad investment,Does age of house affect value,Are 100 year old houses safe,What is the average age of a house,What age is a house considered old,How do I price my house,How is property value determined,What are the 5 methods of valuation,How do I determine fair market value of my home,How does a bank value a house,Why is my tax assessment so high,What brings down,calhoun.savingmoneyonhomes.com
95035,95123,95020,95127,95014,95051,95111,94087,95112,95125,95023,95122,95037,94550,95116,95124,95136,94086,95148,95008,94303,95050,95132,95120,95129,94040,95121,95128,95126,95118,95131,95070,94043,95134,95032,95117,95133,94306,94089,95054,94085,94024,95135,95110,95138,94022,94301,94305,94041,95030,95130,94090,95119,95033,95102,94310,95139,95046,95171,94028,95142,95114,95113,94304,94308,95140,94035,95141,95053,95101,95137,95002,95196,95009,95011,95013,95015,95021,95026,95031,95036,95038,95042,95044,95157,95156,95159,95158,95161,95160,95170,95164,95172,95190,95173,95192,95191,95194,95193,94302,94309,95052,95056,95055,95071,95106,95103,95109,95108,95115,95151,95150,95153,95152,95155,95154,94023,94039,94042,94088,94080,94015,94014,94303,94403,94025,94066,94010,94061,94044,94404,94063,94401,94070,94062,94002,94402,94030,94019,94405,94409,94065,94407,94408,94098,95006,94071,94027,94099,94012,94031,94003,94067,94028,94005,94029,94037,94406,94096,94060,94020,94045,94038,94059,94021,94074,94128,94013,94307,94011,94016,94018,94017,94497,94026,94064,94083,94125,94544,94536,94538,94587,94541,94501,94568,94539,94601,94550,94577,94560,94546,94551,94605,94566,94611,94588,94621,94578,94606,94555,94545,94608,94602,94610,94603,94580,94704,94607,94619,94609,95391,94579,94703,94625,94552,94706,94643,94618,94702,94502,94612,94542,94705,94708,94707,94709,94710,94720,94627,94586,94514,95140,94615,94557,94604,94613,94537,94540,94543,94614,94617,94620,94622,94624,94623,94649,94660,94659,94662,94661,94701,94666,94712,95076,95060,95062,95003,95066,95064,95073,95033,95065,95010,95006,95018,95005,95019,95017,95001,95007,95041,95061,95063,95067,95077,
Santa Rosa Real Estate,Petaluma Real Estate,Rohnert Park Real Estate,Sonoma Real Estate,Sebastopol Real Estate,Windsor Real Estate,Healdsburg Real Estate,Cloverdale Real Estate,Cotati Real Estate,Calistoga Real Estate,Forestville Real Estate,Guerneville Real Estate,Penngrove Real Estate,Glen Ellen Real Estate,Geyserville Real Estate,Occidental Real Estate,Kenwood Real Estate,Cazadero Real Estate,Fulton Real Estate,Monte Rio Real Estate,Bodega Bay Real Estate,Stewarts Point Real Estate,Jenner Real Estate,The Sea Ranch Real Estate,Bodega Real Estate,Graton Real Estate,Annapolis Real Estate,Valley Ford Real Estate,Duncans Mills Real Estate,Camp Meeker Real Estate,Concord Real Estate,Richmond Real Estate,Antioch Real Estate,Pittsburg Real Estate,Walnut Creek Real Estate,San Ramon Real Estate,Brentwood Real Estate,Danville Real Estate,Martinez Real Estate,San Pablo Real Estate,Oakley Real Estate,Pleasant Hill Real Estate,Lafayette Real Estate,El Cerrito Real Estate,Hercules Real Estate,Orinda Real Estate,Pinole Real Estate,Moraga Real Estate,Alamo Real Estate,Clayton Real Estate,El Sobrante Real Estate,Discovery Bay Real Estate,Rodeo Real Estate,Kensington Real Estate,Byron Real Estate,Crockett Real Estate,Bethel Island Real Estate,Diablo Real Estate,Canyon Real Estate,Port Costa Real Estate,Napa Real Estate,American Canyon Real Estate,Saint Helena Real Estate,Calistoga Real Estate,Angwin Real Estate,Yountville Real Estate,Pope Valley Real Estate,Deer Park Real Estate,Napa Real Estate,American Canyon Real Estate,Saint Helena Real Estate,Calistoga Real Estate,Angwin Real Estate,Yountville Real Estate,Pope Valley Real Estate,Deer Park Real Estate,Oakland Real Estate,Fremont Real Estate,Hayward Real Estate,Berkeley Real Estate,San Leandro Real Estate,Livermore Real Estate,Pleasanton Real Estate,Alameda Real Estate,Union City Real Estate,Dublin Real Estate,Castro Valley Real Estate,Newark Real Estate,San Lorenzo Real Estate,Albany Real Estate,Emeryville Real Estate,hayward real estate,Piedmont Real Estate,Byron Real Estate,Sunol Real Estate,Canyon Real Estate,Farwell Real Estate,Brookshire Real Estate,Concord Real Estate,Richmond Real Estate,Antioch Real Estate,Pittsburg Real Estate,Walnut Creek Real Estate,San Ramon Real Estate,Brentwood Real Estate,Danville Real Estate,Martinez Real Estate,San Pablo Real Estate,Oakley Real Estate,Pleasant Hill Real Estate,Lafayette Real Estate,El Cerrito Real Estate,Hercules Real Estate,Orinda Real Estate,Pinole Real Estate,Moraga Real Estate,Alamo Real Estate,Clayton Real Estate,El Sobrante Real Estate,Discovery Bay Real Estate,Rodeo Real Estate,Kensington Real Estate,Byron Real Estate,Crockett Real Estate,Bethel Island Real Estate,Diablo Real Estate,Canyon Real Estate,Port Costa Real Estate,Petaluma Real Estate,San Rafael Real Estate,Novato Real Estate,Mill Valley Real Estate,San Anselmo Real Estate,Sausalito Real Estate,Corte Madera Real Estate,Tiburon Real Estate,Fairfax Real Estate,Kentfield Real Estate,Larkspur Real Estate,Ross Real Estate,Belvedere Real Estate,Bolinas Real Estate,Nicasio Real Estate,Point Reyes Station Real Estate,Dillon Beach Real Estate,Woodacre Real Estate,Lagunitas Real Estate,Inverness Real Estate,San Quentin Real Estate,Tomales Real Estate,Marshall Real Estate,Olema Real Estate,Stinson Beach Real Estate,San Geronimo Real Estate,Blakes Landing Real Estate,Salinas Real Estate,Watsonville Real Estate,Seaside Real Estate,Monterey Real Estate,Soledad Real Estate,Marina Real Estate,Greenfield Real Estate,King City Real Estate,Carmel-by-the-Sea Real Estate,Pacific Grove Real Estate,Gonzales Real Estate,Castroville Real Estate,Carmel Valley Real Estate,Aromas Real Estate,Moss Landing Real Estate,Del Monte Forest Real Estate,Big Sur Real Estate,Del Rey Oaks Real Estate,Bradley Real Estate,Chualar Real Estate,Sand City Real Estate,Jolon Real Estate,San Simeon Real Estate,San Ardo Real Estate,Lockwood Real Estate,San Lucas Real Estate,Hollister Real Estate,San Juan Bautista Real Estate,Aromas Real Estate,Paicines Real Estate,Tres Pinos Real Estate,San Francisco Real Estate,San Mateo Real Estate,Daly City Real Estate,Redwood City Real Estate,South San Francisco Real Estate,San Bruno Real Estate,Menlo Park Real Estate,Pacifica Real Estate,Foster City Real Estate,Burlingame Real Estate,San Carlos Real Estate,Belmont Real Estate,East Palo Alto Real Estate,Millbrae Real Estate,Half Moon Bay Real Estate,Hillsborough Real Estate,Woodside Real Estate,Atherton Real Estate,Portola Valley Real Estate,Brisbane Real Estate,Emerald Lake Hills Real Estate,Moss Beach Real Estate,Colma Real Estate,Pescadero Real Estate,La Honda Real Estate,Montara Real Estate,San Gregorio Real Estate,Loma Mar Real Estate,San Jose Real Estate,Sunnyvale Real Estate,Santa Clara Real Estate,Livermore Real Estate,Mountain View Real Estate,Milpitas Real Estate,Palo Alto Real Estate,Gilroy Real Estate,Cupertino Real Estate,Morgan Hill Real Estate,Campbell Real Estate,Los Gatos Real Estate,Los Altos Real Estate,Saratoga Real Estate,Stanford Real Estate,Los Altos Hills Real Estate,San Martin Real Estate,Monte Sereno Real Estate,Lexington Hills Real Estate,Mount Hamilton Rea
Comments
Post a Comment