Quote:
Originally Posted by mca
The offer is contingent upon the buyer getting financing. I assume that the buyer isn't locked in to a specifc rate at this time.
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Tell them to come back when they have a commitment.
Generally the only out for a buyer to get their deposit back is contingent on financing.
All this does is puts your property on lay away without any risk to the buyer.
Not a fair arrangement at all.
Surprised they were even shown the place.
Most realtors won't waste time on a buyer who does not have some sort of commitment already in place.