What You Can Do When Mortgage Rates Are a Moving Target
Have you seen where mortgage rates have been lately? One day they go down a little. The next day, they go back up again. It can feel confusing and...
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2 min read
First Federal Bank : March 20, 2026 7:30:00 AM EDT
You may have seen headlines on
social media saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017. That can sound intimidating. But it varies a lot by market.
And here’s the key thing to understand if you want to sell. A lot of the time, there’s one common cause. And it’s something you can often influcence.
Here’s what you can do to get ahead of the biggest dealbreaker before it ever becomes a problem.
According to a Redfin survey, over 70% of recently cancelled contracts happened because of issues during the home inspection (see graph below):
Source: Redfin, Pending Sales Are Falling Apart More Often—5 Reasons Real Estate Deals Collapse, February 2026
And that makes sense. Because today’s buyers have something they didn’t have a couple of years ago: options.
A few years back, when buyers felt rushed or boxed in due to the limited number of homes for sale, they were more willing to overlook issues.
But in today’s market, skipping essential repairs could be one of the fastest ways to lose a deal.
Now that there are more homes to choose from, buyers can be more selective. If a house feels risky, outdated, or like it’s hiding expensive surprises, they’re a lot more likely to walk away. So, what do you have to fix? Just ask an agent.
A local agent will be able to walk through your house and offer advice on what to tackle based on your specific home, your market, and what buyers are prioritizing in your area. They'll also have first-hand knowledge about some of the biggest turnoffs for buyers today. And you can use that expertise to help future headaches.
For example, according to Zillow, these are some of the issues buyers may care the most about:
Odds are not all of this even applies to your house. Maybe only 1-2 things do. Or maybe none of them do. It just depends. But an agent will have the tools and resources to help you figure it out and stay one step ahead.
To buyers, these aren’t cosmetic issues. They’re trust issues. And that’s what you need to watch out for today. Once buyers start wondering “what else might be wrong,” it’s hard to recover momentum.
That’s why some agents are even recommending a pre-listing inspection as a sneak peek into what buyers will see on their own inspection. With that insight, you can:
But remember, you don't have to fix everything. You just have to be strategic about what you do tackle, so you and your buyer aren’t caught off guard.
And that’s why you need an agent who can:
One of the biggest dealbreakers for buyers today could be inspection issues – and that’s something you can control. You just need to be proactive about high-impact repairs before you list.
If you want help figuring out where to focus, connect with a First Federal Bank Loan Officer, to discuss your financing options.
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