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Updated over 1 year ago, 09/14/2023
When A Deal Doesn't Close
Recently, when analyzing properties, I have seen multiple scenarios of deals for the properties I've been analyzing falling out. I am still a novice in the space, so forgive me if this question is asinine. I was wondering, when a deal previously did not close, is that a bad sign for the property in question? Are there too many variables involved in a failed closing to constitute that factor in my analysis as a bad sign? Should I submit an offer anyways and find out for myself whether that be through the appraiser or an inspection?
Any and all insight is appreciated and valuable.