· Acts of God such as windstorm, fire, or flooding
· Appraisal is late
· Family members oppose the purchase
· Home inspection reveals defects that seller is unwilling to repair.
· Home inspection reveals defects that the purchaser is unwilling to accept
· Home inspection reveals unknown defects
· Liens are discovered just prior to closing /settlement.
Loan institution raises rates, points, or costs prior to closing
· Property does appraise to the loan institution’s satisfaction
· Property inspection report alarms the purchaser
· Property inspection report angers the seller
· Property inspection report is delayed
· Property inspection report is incorrect
· Property inspection report reveals radon, asbestos, abandoned wells, etc.
· Purchaser becomes critical regarding condition
· Purchaser did not tell the truth at time of loan application
· Purchaser does not deliver earnest money according to the terms of the contract
· Purchaser does not execute paperwork in punctual manner.
· Purchaser does not like the terms of the loan
· Purchaser does not obtain insurance in a timely manner
· Purchaser does not qualify because of omitted information
· Purchaser experiences change in employment, illness, divorce, or financial difficulty
· Purchaser submits incorrect tax returns to Loan institution
· Purchaser’s motivation to purchase the property changes
· Purchaser’s source of down payment changes
· Seller did not own 100% of property as previously disclosed
· Seller does not disclose known defects that are subsequently discovered
· Seller has difficulty obtaining signatures of co-owners
· Seller is unable to clear up problems or liens
· Seller leaves town without giving power of attorney to anyone
· Seller removes property from the premises the purchaser believed was included