Read what you sign
Read what you Sign, Understand what you Read.
Do you pay interest on a loan? This is a commitment to buy. If you're late/bank is late closing, you owe them daily funds to cover their losses. Most homes include a provision for the loss. As a seller, if you fail to move out on time, there's a daily penalty. Same for a buyer. Read what you Sign, Understand what you Read.
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