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QUESTION

After signing contract ( to buy a house) can a buyer cancel the contract?

Asked on May 25th, 2013 on Real Estate - New York
More details to this question:
N/A
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1 ANSWER

Sharon M. Siegel
Estate Planning Attorney serving New York, NY
Partner at Siegel & Siegel, P.C.
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No.  You can in theory keep the deposit by notifying the buyer of the default.  But, sometimes it is just better to move on to the next deal.  Your lawyer should be able to navigate this.
Answered on May 26th, 2013 at 10:43 AM
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