07-21-2006, 12:22 PM
Jay, yeah, things can always go bad. The buyer loses their job before the closing, the bank won't do the mortgage. If it was a blind layoff, it's not the buyer's fault, there's nobody to sue. And so yeah, the deposit doesn't go to the seller, which I think is pure crap.
I don't understand why there is a deposit if it doesn't go to the seller automatically.
Anyway, it's always a risk when selling a house. Things happen. Can't do anything about it, so no point staying up at night.
I don't understand why there is a deposit if it doesn't go to the seller automatically.
Anyway, it's always a risk when selling a house. Things happen. Can't do anything about it, so no point staying up at night.