What does 'Fall Through' mean?
Fall Through
If a price has been agreed between a buyer and a vendor but this deal collapses (and cannot be bought back to life) it is known as a fall through. An agreed sale can fall through within hours of an offer price being agreed or several weeks later for any number of reasons including a simple change of heart by either parties.
Search Results for 'fall-through' in How to Really Buy a Property
Chapter 16:
Who to Trust When Buying Property
"...'No purchase, no fee' solicitors - these firms usually calculate into their business model that a certain percentage of purchases will fall through. Those clients that do buy cover these costs which means they are generally more expensive. This aside a 'no purchase, no fee' solicitor has a vested interest in your offer going through to exchange and so may gloss over points that they really should bring to your attention. The likelihood of this will rise if the percentage of fall-throughs they are experiencing is rising above that of their business model.
..."
Search Results for 'fall-through' in Property FAQ
There were no results for 'fall-through' in Propery FAQ
Search Results for 'fall-through' in Property Terminology