About two weeks ago I wrote about a home that I'd just listed for sale here in the Tucson Foothills, and how it snapped up two very good offers in just 2 1/2 days on the market - more on, pick of the litter
And all was going along very nicely, until yesterday, when at the 11th hour the buyers backed out of the deal. And while I can't go into the gory details of why it fell through, I can say that it was not due to problems with the house. I chalk it up to the stress of the times - the mounting mortgage mess generously heaped on continuing bleak news in the national real estate markets, alongside mucho turbulence in the financial markets = fear.
We're not alone in this. With fear in the marketplace, plus mortgages that are suddenly more difficult and expensive to obtain, deals are falling through, for reasons that are both real and imagined.
Fortunately, this is a best in it's class, pick of the litter house, and some other lucky buyer will now have their chance.
Click HERE to see the pictures and get the details of this house.