My question involves real estate located in the State of: Florida
If a binder was taken on a piece of real estate does it tie up the property like a deposit on a contract? Can the seller back out if he receives another offer where the buyer is ready to pay cash? What are the consequences?
If a binder was taken on a piece of real estate does it tie up the property like a deposit on a contract? Can the seller back out if he receives another offer where the buyer is ready to pay cash? What are the consequences?
Purchase Contracts: Binder on Sale of Property
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