The deal that fell through is on again. Late Friday morning, I received a call that the offer that beat me out had collapsed and the property was back on the market. So I made a last-minute trip north to inspect it in person. It looked as good as it seemed online, so I told my agent to prepare an offer.
Then, since I was most of the way to Boston Bar, I decided to take my friends who have a summer home there up on the standing invitation to visit them, since it was going to take a few days to prepare all the paperwork needed in making a contingent offer anyhow.
It’s all been signed, so now comes the waiting. There’s still a frightfully large number of ways this all could fall through:
- The seller accepts someone else’s offer (not out of the picture, given how quickly that place attracted the first offer).
- The seller does some random flaky thing (also not out of the picture, given how the seller jumped on a quickie offer so soon instead of doing the more typical thing of waiting for multiple offers to come in, if one offer comes in surprisingly fast).
- My current place either fails to sell, or fails to get an offer for enough money to afford the place in Bellingham (also a possibility, given how slow interest has been in it so far).