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Updated about 14 years ago,
Any recourse against End Buyer who backs out?
Grrr....Assigned a contract to an End Buyer who just decided to not show up for the closing! Called him after receiving a call from the Title company. He said he's not sure anymore but will let me know tomorrow.
He gave a $2,000 REFUNDABLE deposit (I know, this was my first mistake).
I'm just wondering what I might be able to do. Can I just not sign the release of deposit or can I demand that we split it? I'm not concerned about keeping a relationship with him.
Any suggestions? Thanks.