Losing your serious money deposit (usually about 3% of the purchase price of the home) can bring you a considerable amount depending on the value of the home. For a home worth $500,000, this could represent a loss of $15,000 $US. But beware: Depending on the terms of the sales contract, the seller may also be able to demand a particular service, which means that he can force you to buy the house as agreed. Your buyer can inform you of the specific possible consequences if you do not make the purchase for your particular case. .
Steps After Signing Purchase Agreement
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