Any lawyers out there?
My mother-in-law's house was put up for sale in March and within a couple of days it was sold.
The only stipulation was that the buyer didn't want to go to closing until June because he wanted his kids to finish out school where they are living now.
Well, it's June and now the buyer says he got the mortgage but he didn't get enough. I believe he wants to back out of the deal.
My question is.......He signed a contract and put money down. If he decides to get out of the contract does my mother-in-law keep the money that he put down?
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