Despite of so many channels and tools at aid, more and more sale deals either get deferred or closing them is becoming more time consuming. What could be possible reasons?
Read more
Reply
4 Replies
Sort by :Filter by :
  • Are you taking about resale deals or new purchase or both?

    Reasons could be many, specific to the individuals/Builder who are looking to buy/sell.
    CommentQuote
    1 Comments
    • vijay.kurhade6 months ago
      Mostly new properties, resale does get delayed but not like newer ones
  • There are many issues that can disrupt the sale of a property to an interested buyer - issues that crop up after the property has been finalised. Most common reasons are financing issues or delays in sanctioning of loans. It may come as a surprise but in a time when banks are lending out like anything many loan applications get delayed or rejected for a whole lot of reasons. Sometimes the credit scores can change between the loan approval and closing process and cut down the approved amount leaving the buyer in need of extra money.
    CommentQuote
    1 Comments
    • vijay.kurhade6 months ago
      Great, i was under the impression financing is surely number one ticket as real estate is high price purchase, but does buyers preferences, approvals among family members too consume time in going ahead with actual purchase?
  • @vijay.kurhade there are and can be many reasons that cause delays in individual cases. Buyer's preferances and family approvals too cause delays in finalising of deals.
    CommentQuote
  • @vijay.kurhade Buying preferences and differences within families too amount for delays in finalisation of deals.
    CommentQuote