Real Estate Rookie Never Do a Seller Financing Deal Like This… (Rookie Reply)
Nov 7, 2025
Real estate horror stories take center stage as a buyer delays closing with ever-evolving excuses, leaving sellers anxious in the slow season. Another chilling tale unfolds with a seller financing nightmare, where a buyer stops payments and squats in the basement! Experts offer insights on dealing with flaky buyers and evicting squatters. The discussion wraps up with a thought-provoking debate on whether landlords should include washers and dryers in rentals, with a surprising take that challenges conventional wisdom.
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Force Commitment With A Bigger EMD
- If a buyer misses closing, weigh market seasonality and your urgency before granting more time.
- Demand a substantially larger non-refundable deposit if you grant a final short extension.
Account For Seasonality Before Relisting
- Consider local seasonality and slow winter months before relisting a property.
- If relisting will hurt you, a short extension could be cheaper than months off-market.
Relisting Creates A Stigma
- Relisted properties can carry a stigma that invites lowball offers.
- Time on market and a failed contract can reduce buyer confidence and bargaining power.