I am sure I will go to another, keep the faith!

But the $1850 is a good faith deposit.

With the utmost respect to members of different Faith backgrounds here...I also seem to have this unbreakable habitual addiction to Jesus Christ.

@Faith Chesney if we didnt have a child now I would consider doing just that.

I would have said "Yeah, she wanted everything to go to her faithful poolman" ;) Sad case.

I'd like to think that people provide good products in good faith, but at the end of the day, we sometimes have to take chances to move forward. 

The seller and I had negotiated and operated in good faith up until that point and I had no reason to believe he wouldn't honor our agreement.This would have been my first multi-family purchase so I guess these kinds of lessons are learned through experience and the hard way.I was just wondering if my attorney who knew the situation would normally inserted language in to the contract release to prevent this sort of thing from happening.

Put another way, sophisticated wealthy people are far less worried about losing money honestly, as when an investment is done in good faith but just doesn't work out as planned, as they are about losing money dishonestly.

With all due respect, I understand your points and still stand by my comments.Buyers and sellers (whether they are banks, companies, or individuals) must negotiate in good faith an arrangement that works for both parties.

I have faith that I'll find a deal while there.