Real estate transactions are getting canceled at the last minute — for the most insignificant reasons.

The question is why?

Buyers are backing out of home purchase deals at a record rate — but real estate agents say deals are falling through on flimsy grounds.

We’re seeing nightmare scenarios where real estate sales are getting canceled at the last minute for the most minute reasons.

So, what’s the problem that’s giving buyers cold feet?

Buyers often back out during the inspection period because they find something they don’t like, but affordability is really the underlying issue. High mortgage interest rates continue to be a drag on home sales, discouraging both potential buyers facing high-rate mortgages and would-be sellers wanting…

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