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Updated over 6 years ago on . Most recent reply

User Stats

124
Posts
50
Votes
Michael Junior
  • Real Estate Agent
  • San Diego, CA
50
Votes |
124
Posts

Don’t meet closing date

Michael Junior
  • Real Estate Agent
  • San Diego, CA
Posted
In the event that you win a bid, place the deposit go under contract.. and you can’t get the funding for whatever the reason may be. Is there any penalties you face other than loosing the initial funds you placed on deposit? For example does this mess up your credit? Being up legal issues?

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