Cancelled Escrows Can Be A Good Opportunity For Multifamily Investors

[Trevor Richardson]

Multifamily investors, canceled escrows are not always a bad thing, it often creates opportunities. Don’t sleep on a “back on market” deal!

- Just because one investor didn’t like the deal doesn’t mean it’s not a good deal. Let’s analyze it before it goes back into escrow.

- Maybe the first investor was not qualified and the back on market listing is actually a good property.

- Multifamily is tough to see before writing offers. Often when we see a failed escrow we can get a recent inspection report which is extremally valuable for the “rebound investor”.