Buyers and sellers alike need to trust their gut

Maybe not every gut should be trusted. (Flickr photo by Vic DeLeon)

Between accepting the offer and agreeing to the contract, a seller backpeddles on whether that flat-screen TV and the chandelier over the dining room table are included.

Then there’s the seller who suddenly is asking that contingencies stated in the offer be removed from the contract.

Or, there’s the buyer who is beginning to express second thoughts about the closing date.

And what to make of the buyer who doesn’t return the signed contract quickly?

These are just a few of the warning signs of transactions that could prove to be a rough ride or even result in derailment, and they should not be ignored.  Consider what an acquaintance of mine related to me in the following e-mail, which I quote verbatim: Continue reading