Elizabeth Weintraub • Sacramento Real Estate Agent: February 2016

The Benefits to Sellers When FHA Buyers Cancel Escrow

Often, the reasons buyers give when they cancel an escrow are generally not the real reasons they no longer want to buy a home in, say, Elk Grove. They get cold feet. They freak out over having to pay a mortgage. They question their own convictions at times. The most recent excuses I received from a buyer's agent were the buyer wanted the seller to further complete the buyer's inspections, to do the buyer's own due diligence. The seller is not required to order additional reports and pay for them to satisfy a buyer's curiosity.

The buyer also asked the seller to replace the fence. What? The buyer couldn't see the fence with his own two eyes when he made the offer? It is very unusual for a seller to replace a fence in Elk Grove (or Sacramento for that matter), especially when it's essentially in good condition. Sounds like the buyer changed his mind. Hard to say.

But there is a benefit to all of this. Several BIG benefits to the seller to quickly sign the cancellation. You can read more about this in my personal blog today at this link: The Upside When FHA Buyers Cancel the Escrow.

elizabeth weintraub



Weintraub and Wallace Realtors



Elizabeth Weintraub reviews




Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

The Benefits to Sellers When FHA Buyers Cancel Escrow
Often, the reasons buyers give when they cancel an escrow are generally not the real reasons they no longer want to buy a home in, say, Elk Grove. They get cold feet. They freak out over having to pay a mortgage. They question their own convictions… more
Agents and the California Real Estate Disclosures
One of the downsides of writing a post about California real estate disclosures, just so you know, is the fact that this blog will be found by For Sale By Owner sellers from southern California, including sellers in Carmichael represented by some… more
A Midtown Party at the Red Rabbit
It's not often that I go out to parties in the middle of the week. In fact, it's rare for me to attend a party even on the weekend because I am such a workaholic, and I'd have to own up to a boatload of friends who would probably spend inordinate… more
Are You a Blogger or a Realtor?
An added benefit to writing about real estate is actually selling real estate and therefore possessing first-hand experiences to write about. I have no idea how writers who don't sell real estate can write about it, but they do. I suspect they do a… more
What Does It Take to Get a Good Night's Sleep?
Part of the secret to getting a good night's sleep is not to have any pressing issues that leave you in a ticked off mood at bedtime. For a real estate agent, that can be challenging. Yet, for some reason, I have been able to mostly overcome that… more
Beware of New Credit Card Fraud Perpetrated by Hotels
Once I started Googling credit card fraud at hotels, I was amazed at what I learned. For example, so many of the reservation systems at hotels are run on older computers: rife with viruses and worms and all sorts of nasty stuff, including scammers… more
When Is the Best Day of the Week to Present an Offer?
Optimum timing. Those of us who are analytical and try to find the best times for the things we do in life often extend certain types of expository rationales to our professional interactions. Some things you learn from trial and error. Like, it… more
Doing the Job of the Listing Agent or the Appraiser
Every time I see a buyer's agent advice to send comparable sales to the listing agent I cringe slightly because that's such an ignorant thing to do. There are other ways to get the point across than trying to explain to the listing agent how to do… more
Another Solution for a Low Appraisal in Sacramento
The problem with some real estate agents who think they know everything is that they don't even know enough to realize they don't know everything. I certainly do not know everything about Sacramento real estate, even though I've been in this… more
Selling a Multi-Million Home as Your First in Sacramento
I can get so sidetracked on ActiveRain, caught up reading blogs from other agents, that I often forget to post my own danged blog. It's one of those things I normally do the minute I finish working on my personal website in the morning, but… more