It will be a while before the negative equity starts to be recovered.  

We were not able to recover any yard damages due to other damages they had left that needed repair, which empted out their security deposit.

This negative position can consume years of cash flow to recover.

It's pretty easy to see that real estate proces peaked around 2007-2008 and then crashed during the Great Recession.Around 2011-2012 prices started to recover and got back to their pre-Crash highs around 2015-2016, but really 2018-2019 when adjusted.So, why are newbies reading books written BEFORE 2019 and thinking that you can still successfully invest using the EXACT advice in these relatively "old" books?

@Donald Hatter We send the information to a collection agency who attempts to recover the money; after they make several attempts they place it on their credit report. 

As a community I think we should focus on helping people who have had their housing situation negatively impacted recover as quickly as possible.

Their ability to recover their money should you default is much lower in this position.

I was mislead and should seek mediation to recover some or all of the earnest/hand/deposit money?

For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?

Together, we can help communities not just recover, but thrive. 💪 what's this have to do with new construction and development?