re: Purchase Agreement deposits

quote:

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That sucks. National bank?

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I don’t remember, but the agent said they were “ok” when we took the offer. Second buyer after it went back on market was smooth as silk. 28 days to close I think.

Though I believe he was committing mortgage fraud and intending to use it as a rental. One of the docs during closing was him attesting he’d use it as primary residence.