Anyone have stats about cancellations of pending sales of SMBs?
September 20, 2023
by a professional from University of Southern California - Marshall School of Business in North Palm Beach, FL, USA
% after the LOI but before the definitive purchase agreement?
% after the definitive purchase agreement and before closing?
(I've seen closed deals rescinded not long after the completion of the deals because of disputes arising related to the transaction or the discovery of inaccurate disclosures or the adverse behaviors of the parties to their deal.)
Similarly:
More Homebuyers Are Canceling Sales at the Last Minute