🚫 5 Common Deal Breakers in New York Real Estate — And How to Avoid Them

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Aug 5
2 min read

Buying or selling a home in New York is an exciting journey, but even the most promising deals can fall apart before closing day. At LJ Realty Team, we’ve seen it all—and we know how to protect your transaction from unexpected roadblocks. Here are five common deal breakers that every buyer and seller should watch out for: — Buying or selling a home in New York is an exciting journey, but even the most promising deals can fall apart before closing day. At **LJ Realty Team**, we’ve seen it all—and we know how to protect your transaction from unexpected roadblocks. Here are **five common deal breakers** that every buyer and seller should watch out for:

1️⃣ Financing Falls Through

Even with a pre-approval, a loan can still be denied before closing due to credit issues, job changes, or additional debt.

🔑 Our Tip: Stay financially stable from contract to closing and work closely with a trusted mortgage partner (like LJ Mortgage Team!).

2️⃣ Low Appraisal

If the home appraises for less than the agreed-upon purchase price, lenders may not approve the full loan amount.

🔑 Our Tip: Be prepared to renegotiate or cover the difference to keep the deal alive.

3️⃣ Inspection Surprises

Major issues like foundation cracks, roof damage, or mold can scare off buyers or lead to costly negotiations.

🔑 Our Tip: Sellers should consider a pre-listing inspection; buyers should always include a home inspection contingency.

4️⃣ Unmet Contingencies

Whether it’s the sale of another home, attorney approval, or repairs, unmet contract contingencies can stop the deal cold.

🔑 Our Tip: Keep communication open, track timelines, and work with professionals who ensure deadlines are met.

5️⃣ Title Problems

Liens, ownership disputes, or unpaid taxes can delay—or completely block—your closing.

🔑 Our Tip: Work with an experienced real estate attorney and title company to ensure a clean title transfer.

At LJ Realty Team, we help our clients sidestep these issues and guide them from offer to closing with clarity and confidence. Whether you're buying in Queens, Brooklyn, or Nassau County, we make sure your real estate deal stays on track.

📞 Ready to move forward without surprises? Let’s talk.

127-03 Rockaway Blvd

South Ozone Park, NY 11420

(516) 218-1297

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