Asked by Koca, 33024 • Tue Jul 12, 2011
My buyers missed the closing date due to their lender, we then signed a 3 day extension and they missed that too. Now (30 days) later the buyers want their deposit back. Question: If the closing date has passed, is the contract is dead? Can the buyers still use the financing contingency to get the deposit back? Or can the seller keep it to defray their costs?
Real Estate in Hollywood
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