3 Top Reasons Why Sellers Sue Buyers for Backing Out of Home Sales
HomeLight
OCTOBER 1, 2020
You now have skin in the game in the form of your earnest money deposit, plus you have a legal duty to buy the home (barring certain circumstances). According to the latest data from the Realtors Confidence Index (RCI), 76% of purchase contracts contain contingencies , and around 7% of contracts are terminated.
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