Are you in the market to by an apartment or home? Make sure that you do some research into whether the Sellers of the property are getting a divorce.
CNN just recently released an article about a couple who almost didn’t close on their home because the Sellers were going through a contested divorce and were uncooperative in the process. They got caught in between the Sellers vindictiveness, and almost suffered a tremendous financial loss. Don’t let this happen to you.
CNN quotes Randy Morrow, an Arlington, VA-based Realtor,
“Then, there’s a very good chance the settlement will not happen on schedule,” he said. “Buyers should talk to their agents about placing protective language in the offer. If a case is really nasty, I would tell my clients to run.”
Read the full article here: https://money.cnn.com/2010/12/29/real_estate/divorce_home_sales/index.htm?source=cnn_bin&hpt=Sbin.
If you have any stories like this, let us know.