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Real Estate
Reply to "Seller can't close on time-- buyer have a right to back out?"
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[quote=Anonymous]Does the contract have a period to cure? If the seller is asking for a brief extension - and is willing to pay for any of your inconvenience, then you may have difficulty in backing out of contract. If, however, the seller seems not to be able to get to closing ... or if the delay is for an unspecified period of time, then you don't have to wait around. Read the "Default" clause in your contract.[/quote]
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