Advice on accepting Ernest $ up front please!

[Lisa R.]

Hello fellow BP peeps! I am considering selling a property and taking Ernest $ up front now- BUT It will not actually close until mid-2025.  Can anyone give me some worst case scenarios besides me owing the $ back if it does not close for some reason AND if there is a way to protect myself in the purchase agreement from any worst case scenarios….

There is no mortgage or realtors involved- only real estate attorneys. No contingencies involved. Houses on property will be torn down….(by the buyer). 

Any advice is sooooo appreciated :)

Thank you,

Lisa