Comments on: Myth # 6 Sellers Are Often Told That If The Buyer Cancels, They Can Keep The Deposit (easier said than done) http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html Part Art, Part Science, KAPOWICH REAL ESTATE Excels in Negotiations Wed, 25 Jan 2012 20:59:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Runners-Up for the 56th Carnival of Real Estate ~ (Kapowich happy to be included in the 56th!) http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html/comment-page-1#comment-35 Runners-Up for the 56th Carnival of Real Estate ~ (Kapowich happy to be included in the 56th!) Mon, 03 Sep 2007 19:27:26 +0000 http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html#comment-35 [...] Kapowich presents Myth # 6 Sellers Are Often Told That If The Buyer Cancels, They Can Keep The Deposit (easier said th... posted at [...] [...] Kapowich presents Myth # 6 Sellers Are Often Told That If The Buyer Cancels, They Can Keep The Deposit (easier said th… posted at [...]

]]> By: Kapowich pleased to be including in Consumer Focused Real Estate Carnival http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html/comment-page-1#comment-33 Kapowich pleased to be including in Consumer Focused Real Estate Carnival Thu, 30 Aug 2007 02:12:47 +0000 http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html#comment-33 <p>[...] Myth # 6 Sellers Are Often Told That If The Buyer Cancels, They Can Keep The Deposit (easier said than done) [...]</p> [...] Myth # 6 Sellers Are Often Told That If The Buyer Cancels, They Can Keep The Deposit (easier said than done) [...]

]]> By: Rebecca Levinson http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html/comment-page-1#comment-30 Rebecca Levinson Tue, 28 Aug 2007 16:32:36 +0000 http://siliconvalleybroker.com/myth-6-sellers-are-often-told-that-if-the-buyer-cancels-they-can-keep-the-deposit-easier-said-than-done.html#comment-30 One of the easiest ways to avoid forfeiting earnest money if for the buyers to get that Contract to Purchase to their attorney asap. Make sure that the contingencies that are written in the original contract have dates that make sense: EXAMPLE 1: a financing contingency should not be written two weeks out from the date of acceptance from the Offer to Purchase. Especially in the case of a buyer who has only been "pre- qualified" for a mortgage, meaning, never been processed and sent to an actual underwriter. EXAMPLE 2: Attorney's approval- typically this is four-five days from the Date of Acceptance of the Contract. Do not get the contract to the attorney one hour before this contingency expires. Example 3: Home Inspection- Have that home inspection sceduled right away, and make sure to have the buyers call their attorney right away with the points they want addressed in their home inspection letter. Rebecca D. Levinson- http://www.connect2agent.com One of the easiest ways to avoid forfeiting earnest money if for the buyers to get that Contract to Purchase to their attorney asap. Make sure that the contingencies that are written in the original contract have dates that make sense:

EXAMPLE 1: a financing contingency should not be written two weeks out from the date of acceptance from the Offer to Purchase. Especially in the case of a buyer who has only been “pre- qualified” for a mortgage, meaning, never been processed and sent to an actual underwriter.

EXAMPLE 2: Attorney’s approval- typically this is four-five days from the Date of Acceptance of the Contract. Do not get the contract to the attorney one hour before this contingency expires.

Example 3: Home Inspection- Have that home inspection sceduled right away, and make sure to have the buyers call their attorney right away with the points they want addressed in their home inspection letter.

Rebecca D. Levinson- http://www.connect2agent.com

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