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Articles tagged with: mutual release


Getting Out of the Deal: The Buyer's Dilemma

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The real estate market in these last few months has taken quite the turn - the strong seller's market has subsided and some may even argue that we are entering a buyer's market. One of the significant consequences of this recent and abrupt shift is buyers wanting out of their executed agreements of purchase and sale. Why? They signed such agreements in the hot seller's market (likely sometime before March 2017), but their closings are during this cooler spring/summer, more buyer-friendly market. Accordingly, they believe they've overpaid for such properties, seeing as how similar properties in the area are now listing at much lower prices. They have the classic case of "buyer's remorse". 


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