Quote:
Originally Posted by rhood
A friend just had a buyer back out of a sales contract on a preowned home here in The Villages. Just said they changed their mind.
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that only works if the seller agrees to it.......otherwise the buyers would be out the deposit they gave in escrow.....
in other words, you placed a offer with a 5k deposit.. to show good faith.......the sellers accepted your offer...took there home off the market and made new home plans...and then you change your mind....kiss your 5k goof faith deposit goodbye....