Business Insider
Date: 2012-04-29
Author: Lucy Cohen Blatter

Article Mentions
Author, Lucy Cohen Blatter
Mentioned, Feeney
Mentioned, The New York Times
Mentioned, Prudential Douglas Elliman
Mentioned, Citi
Mentioned, Twitter
Mentioned, Douglas Elliman
First step: Take a deep breath.Although it may feel like the end of the world when your sale falls through, it really, truly, is not. Remember, if an apartment is good enough to sell once, it will sell again. Maybe even for more money, saidMargaret Furniss of Stribling Associates. Here are 10 things to do if the deal falls apart over a co-op board rejection, financing failure or some other reason:1. Talk to the board.If your buyer was rejected by the board,dont necessarily give up. Instead, get ahold of your buyer's board application and review it to make sure that (1) the application was properly submitted and (2) there was nothing overlooked and there were no glaring errors, e.g. a missing zero somewhere, orfailure to include all of the ...(read more)
... First step: Take a deep breath.Although it may feel like the end of the world when your sale falls through, it really, truly, is not. Remember, if an apartment is good enough to sell once, it will sell again. Maybe even for more money, saidMargaret F ...


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