Last Set Of Thirteen Questions

[Account Closed]

1.) How 2 get my earnest money deposit back ?

2.) As far as me as a wholesaler & sum random cash buyer is concerned tell me what is the step by step process of both involved parties putting earnest money into escrow accounts?

3.) Hypothetically I don’t file a affidavit at all, Assuming I sumhow just trust the motivated seller, Take the seller at the seller’s word, that he won’t go behind my back,

THEN,

Let’s say I don’t find a cash buyer,

How will my inspection period be factored into LEGALLY backing out of the deal, myself?

4.) Yesterday me & a motivated seller agreed on a deal,

Today I payed earnest money to title company

Is that the correct process if not explain?

5.) Hypothetically speaking, the closing date supposed to b on or before January 25,

The Motivated Seller backs out the deal,

I been filed a affidavit so

How long does a cloud on title aka affidavit of agreement last on a house?

Forever, maybe?

6.) As a wholesaler am I legally obligated to offer any type of upfront deed to a potential cash buyer ?

7.) Virtual wholesale hypothetically so do I file a virtual affidavit of agreement to the County Clerk?

If so, then how ?

8.) Just an example

Yesterday, my motivated seller’s earnest money put up in a escrow of my choosing,

Today, my cash buyer’s earnest money put up in a escrow as well howeva Its with his own title company which is different from my initial escrow, that I had,

So tomorrow how will I transfer escrow funds from my original title company & put those with the cash buyer’s title company of choice?

9.) I market a house, then a cash buyer becomes interested,

However the cash buyer doesn’t kno wat he is purchasing until he does an on-site inspection so

Wat happens first the purchase & sale agreement OR the 10day walkthru period ?

10.) Let’s say, yesterday me & my motivated seller agreed on a deal,

Today, I file affidavit as protection of course,

Howeva b4 my 30days up, motivated seller cancels no apparent reason,

Then

A week later, Title Company calls me, to release the cloud & I basically negotiate & i get payed to not buy a house,

After all that settles, wat do I say to the cash buyer?

11.) Also does the motivated sellers very own negligence of terms & agreement means I keep the earnest money of the cash buyer or not ?

12.) I understand nothing too drastic however how much is it for me to sign the affidavit release form ?

13.) Also, is it the cash buyer that went behind my back or the motivated seller that will pay me to sign the affidavit release form?