Homebuyers rarely back out of deals, says Tana Widdows , a broker in Chapel Hill.
That’s especially true in states like North Carolina, where buyers pay nonrefundable due-diligence fees directly to the seller — typically, the amount ranges from 3% to 5% of the buyer’s offer.
But in the last three weeks alone, Widdows’ small Compass team, including 12 agents at Terra Nova real estate services, saw three homes fall out of contract. “Deals are falling apart more often,” she said…