After Substantial completion the purchase contract usually stipulates 30 days to close or the buyer forfeits the lot and the earnest money.

Hey guys,Where can I get lists of forfeited land?

If they don't exercise the option (which is usually the case), they forfeit the rent credit.

Settlement within fifteen (15) days of sale, otherwise Trustees may forfeit deposit.

If the seller loses the property, the potential buyer loses the possibility of buying the property, forfeits the extra rent paid and will have to find a new place to live.

At this point you can close or forfeit your escrow deposit and consider yourself fortunate you found whatever major issues you did prior to closing on it where the cost would have been much larger.

I'm not a wholesaler, but I'd guess that you would forfeit any consideration that was paid in connection with the contract.

It was under contract 4 times with 2 buyers bailing near the end of the inspection period... one gave no reason, one cited "past evidence of termites in the attic" (1930's house in FL) the third forfeited his EMD when he couldn't come up with the cash to close in the end and finally the 4th buyer actually followed through.

Gaming the system without playing by the game rules will only get you forfeited.

So I think the focus should be on solidifying my retirement and real estate portfolio and preparing for the day that my "day job" is no more.The only way that I will pay off my current debt at the cost of postponing investing is that when the pay off for doing so will catapult me into an investment and earnings rate that will far exceed putting the debt aside for now.So my question remains, does forfeiting investment spending today to pay down personal debt help me to achieve my goal slower or faster than keeping the debt and putting all of my current disposable income into investments?