This thread is very disturbing to me. It sounds like the OP is being pressured to complete a sale that they don't want by an overly aggressive real estate agent. The agent has no right to tell the OP that they will lose their deposit money. It is not the agent's decision to make or his money. My advice to the OP is to demand to talk directly with the broker. If I were the seller, I would refuse to complete the sale because I wouldn't want to sell my house to someone who doesn't want it. There are other people who will buy the house after the damage is repaired.
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