I used an option to purchase the property, the option fee was $100 but I only gave her $1 as a deposit with the rest to be paid once I exercised my option.

As Jon suggests,their is no getting around your earnest money deposit.

Get earnest deposit?

Does this contract give you exclusive rights to sell the property for a given timeframe (ie the seller can't sell it to someone else and just give you your deposit back, if he finds a better offer?)

Under the best of circumstances, it amounts to getting the check out of the mail and depositing it at the bank.

It includes all the basics like how to advertise, screening tenants, Fair Housing law, security deposits, rent disputes, dealing with tenants, etc.

- When I said 'wholesale buyers shy away from the mls', I meant that when the End Buyer is contacted by the Wholesaler, and they do their due diligence, it is a major turn off if it is under deposit on the MLS.

They relied on your contract and moved their furniture into storage, loss of earnest money, deposits and inspections as well as loan costs, absolutely Mr.

Payments like security deposits may be part of the estate.

Especially since the buyer gave me cash deposit towards my assignment fee.