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What happens if I decide to not continue with the purchase after making the offer or signing a Reservation contract?

April 26, 2017Continue contract decide happens Offer purchase reservation signing

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What happens if I decide to not continue with the purchase after making the offer or signing a Reservation contract?

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Normally the escrow account quantity, or any funds received by seller, is forfeited. On some occasions, a penalty amount less than deposited into escrow by the buyer can be defined. PURCHASE CONTRACT Please note that at this time, we are only offering Lot Reservations.