The Real Estate Investing Fast Track
Buyer Backed Out Mid-Deal — Beacon, NY Flip Part 3
In part 3 of the Beacon, NY flip, I'm breaking down what happened when our highest offer buyer signed a non-contingent contract — and still couldn't close. Seven months, two buyers, and thousands in extra holding costs later, here's what I learned. -Always require a minimum 5-10% earnest money on non-contingent offers -Call the lender to vet your buyer — no matter what -Enforce your contract when a buyer defaults 🏠 Have a property in the Hudson Valley, Seattle area, or Delaware you want to sell? Let's talk. 📧 greg@velocityhousebuyers.com | 📲 @grego_37