Talk of The Villages Florida - View Single Post - What happens first?
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Old 03-28-2024, 06:54 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
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A non-refundable deposit can be a seller's nightmare. I learned this the "almost" hard way. I say almost because we caved and just gave the guy back his money. Why? Because the potential buyer's lawyer said he'd tie the deposit - AND the sale of our home - up in court. We couldn't afford that, our own funds were running out, which was why we put the house up for sale in the first place. We would've been homeless and in massive debt if we had to /not/ sell our house for 6 months or longer just because some idiot decided to back out after making an offer that was accepted.