Rate of Contract Failures Holds Steady in July

August 23, 2011

Contract failures – cancellations caused largely by declined mortgage applications or failures in loan underwriting from appraised values coming in below the negotiated price – were unchanged in July, according to the National Association of Realtors.

Please Log In to View


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software. At ALTA SPRINGBOARD, we vow to give you a forum for fresh thinking and new insights, and help accelerate your career and differentiate your business from the pack.