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No deal: Home sales falling apart before closing (access required)

By Todd Etshman
Posted: 5:07 pm Tue, December 6, 2011

Over 30 percent of contracted home sales nationwide don’t make it all the way to closing, the National Association of Realtors reported last month. Lender-ordered appraisals of short sale and foreclosed homes are often mentioned as a common cause, but if you ask 50 local real estate agents you’d get 50 different reasons why the deal ...

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