It will be a percentage of the deal but they have spec'ed all the materials down to a fair detail so little room for unreasonable padding.John Corey

Consider updating your profile so you location is visible and other details are available when someone wants to check.

If you failed to follow the clear instructions for your state (court assumes things are clear) then you are likely to lose a suit.

Nate,You indicated " Typically you have to either do a double close or a simultaneous closing " .. since I'm new in the game .. if possible, would you please discuss in details how I would be able to do this ?

Only once both you and the seller agree on the details is the contract final.

Hence reading of the details can make or break a deal.

Do some searching around and you'll find details on how this situation can be treated by the courts.

Justin is spot on.If someone was to show up to a business meeting and they took the time to bring along business cards they would likely have full contact details.

A little motivation to those that are struggling, that's all.If you can, tell us what area the property is in,original list price,list price at sale,purchase price - negotiation details,seller concessions,days on market,property condition,any inspections,financing,smooth closing or not,agent(s) behavior,market conditions,etc.And if you've already listed or flipped the property, how did that work out for you?

I registered here recently, and after doing some browsing aroundI've come to the conclusion that I am extremely ignorant at this point regardingthe details of property investment or flipping.