Deals are falling out of escrow at rates we haven't seen in years and the reasons go deeper than just cold feet.

In this episode of Off the Market, Amirah and Damin break down the main reasons buyers are backing out of home purchases right now...

While referring to a national statistic from Redfin via Keeping Current Matters, we examine the claims through the local lens of the Coachella Valley and dig into what we are actually seeing, boots on the ground. We're talking mold found during inspections, insurance claims that follow a property forever, sellers who can't afford to make repairs, and buyers who are walking away out of pure fear.

Plus, California's updated disclosure laws that all buyers and sellers should be aware of.Amirah also shares one of the more intense escrow stories: a seller who refusing to sell the day of closing, resulting in a lengthy legal battle and a surprising ending you'll have to hear to believe. If you're buying or selling a home in the Coachella Valley - Palm Springs, Palm Desert, or anywhere in the desert cities, this episode is required watching before you sign anything.

🕑 VIDEO CHAPTERS 🕑

00:00 – Welcome Back to Lake La Quinta (shoutout to the homeowners!)

00:40 – The Real Reason Deals Fall Through

05:57 – The Paper Trail: Past Insurance Claims & New Disclosure Laws

20:20 – Cold Feet vs. The Cold Hard Truth: What the Data Says

23:44 – Escrow Limbo: When a Seller Tries to Back Out

26:45 – INSPECTIONS : Final Recommendations

Join us every Thursday for a new episode! Tune in here on Spotify for catch us on Youtube! 📺