If your home sale or purchase has fallen out of escrow due to the coronavirus pandemic, there are plenty of ways to still get a deal done.
If a home falls out of escrow due to the coronavirus pandemic, what happens next? At the end of March, we had six homes fall out of escrow within five days. One buyer lost their job, another couldn’t get financing, and others got cold feet.
I can now tell you that of those listings that fell out of escrow, four out of six are back in escrow. One of the homes has actually sold for a higher price than it previously did. To learn how this happened and what you can do if your home has suffered the same fate, watch this short video.
