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NYC’s resi deal destroyers

From indecisiveness to mortgage contingencies, the factors killing today’s failed residential transactions

From the February issue: Mortgage contingencies. Cold feet. Better offers. Politics.

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In today’s softer market, there are any number of factors that can derail a sale, according to brokers.

And both buyers and sellers are increasingly feeling emboldened to walk away at any point in the process — or to hold off on making a move at all — if something doesn’t feel right.[more]

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