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<blockquote data-quote="Parks 788" data-source="post: 3599704" data-attributes="member: 14646"><p>OP, congrats on the sale. If you had a buyer backout just before closing they should have had deposit they would lose. We just closed on our home on a 60 day escrow. I believe at about the 16 day mark into escrow if the buyers backed out we would have retained their $46K deposit. </p><p></p><p>And someone here jsut mentioned they make a deal on a home on a handshake. I wouldn't advise that at all.</p></blockquote><p></p>
[QUOTE="Parks 788, post: 3599704, member: 14646"] OP, congrats on the sale. If you had a buyer backout just before closing they should have had deposit they would lose. We just closed on our home on a 60 day escrow. I believe at about the 16 day mark into escrow if the buyers backed out we would have retained their $46K deposit. And someone here jsut mentioned they make a deal on a home on a handshake. I wouldn't advise that at all. [/QUOTE]
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