That also means that if you had to break contract because of it, you would be in breach, and would forfeit your earnest money.We, as an example, have letters from both our banker and one of our HML (that we use depending on deal size) that states that we do in fact have immediate access to "x" dollars.

Failure to complete the transaction forfeits the $20,000 option fee. 

Hobby landlords tend to approach all aspects of the business from the perspective of doing as little work as absolutely possible in return forfeiting the higher profits. 

But then I found out that a Nueces County (Texas) judge could order my property forfeit to satisfy a small claims JP court judgment, so I went to Allstate and raised my homeowners liability limits.   :-) 

During the court case, the judge informed me accepting any money forfeits the eviction.My question is, if the tenant sends money again during the eviction process, and I immediately send it back, is that considered "not accepting"?

The deposit may be ordered forfeited if the successful bidder fails to complete the transaction within the thirty-day period.The property is being sold "as is," subject to no contingencies whatsoever.

On most sales contracts, the most a seller can do is force you to forfeit your deposit.

There is language in the lease saying that if we move out before July 23rd we forfeit the deposit and are subject to "recovery by the landlord of other damages allowable by law".

If the owner decides to redeem their property by paying you back everything you have into it, providing you are the winning bidder, plus 20% you will forfeit the property back to the original owner and take your interest rate and move onto the next one. 

So just recognize this could be lengthy process if they default.If it was me, I would take it as a non-refundable deposit with a letter of intent and a purchase and sale agreement that the money is a down payment, is not refundable and they must execute the closing by a specific date otherwise they forfeit the money.