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Of all contracts settled/terminated, financing, appraisal, and home inspection issues were the major problems: 18 percent had financing issues, 11 percent had appraisal issues, and 11 percent had home inspection issues.
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Among contracts that had a delayed settlement (30 percent), 42 percent of contracts that were delayed had financing issues.
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Among contracts that were terminated (six percent), home inspection and financing issues were the major causes, with 28 percent of contracts experiencing both these issues.
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Contract Settlement Issues: Financing and Appraisals are Major Issues
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