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Real Estate
Reply to "Protection Against Flaky Buyers"
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[quote=Anonymous][quote=Anonymous]How much were their EMDs? I think you need to be asking for at least a 15k EMD. I don't think it's uncommon for a buyer to back out, but surely it can't happen to you 3x on one house sale! [/quote] If t he buyers had contingencies, they can back out of the contract if those contingencies are not met and the earnest money is not at rusk. The deposit is at risk only if the buyer defaults. OP. buyers have been more than flakey this year. I am an agent and have never seen behavior like this year. I use to joke that a contract is a suggestion to buyers, now I am taking it seriously. [/quote]
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