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Updated about 3 years ago on . Most recent reply

User Stats

11
Posts
3
Votes

Wholesale backing out of contract consequence

Matthew Williams
Posted

Hi everyone, just a quick question when you have a seller under contract for a wholesale assignment. When I put down earnest money deposit and if I back out or can’t fulfill it I lose the deposit that’s my consequence. Is there any consequence to the seller backing out of a contract?

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