If you put down an earnest deposit, you might lose out on that if you decide to back out(potentially). look at the agreement.The more important thing is, do you quality for conventional financing?

So give those folks the choice...go pick veggies or lose your welfare payment.

I would try and explain to her you're also losing out due to the cancellation.

You could lose months or years and still not resolve the problem or realize you cannot do what you wanted. 

The original poster was talking about a $1M investment to get there which I would say that if someone invested $1M expecting that return 999/1000 times they would lose their entire investment (and that might be generous if it's a 1 in 1000)

IMO Most of the time, people lose lawsuits or settle for much less due to laziness and lack of rock-solid knowledge about the illicit/illegal acts the opposing side committed.  

So it does suck to think about losing such a great rate.

But for some, including myself when we bought in 2015, breaking even or even losing a little each month was okay in order to own a property in Hawaii that we could also use ourselves.- Does the condo have an existing STVR permit or will you need to apply for it?

You could be overinsured on the building and lose money on not enough Personal property coverage.B. 

In addition, since the rule changes, it seems like many agents are delaying the whole conversation until the very last minute when the buyer has little or no opportunity to object, research, or think about what they are agreeing to, without risking losing the home they just decided to offer on.