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Real Estate
Reply to "Buyer backing out of no contingency contract"
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[quote=Anonymous]I have had this happen twice, different properties. The managing broker in the Real Estate office with my listing agent handled it for us, along with a lawyer we hired. We ended up with the entire deposit in one case and in the other case the BUYER's agent, whose client defaulted wanted half of the deposit and got it. Sleazy asses. We could have fought it but the money paid to the Lawyer adds up and the property is tied up, just better to move on.[/quote]
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