Quote:
Originally Posted by Peter_Spaeth
Imagine if Packs bought a house and the seller reneged before the closing, and refunded the deposit. It was still the seller's house, right? No harm no foul., right?
|
I believe that real estate transactions involve removing "contingencies" in a "time is of the essence" manner. Should B/S/T transactions follow suit?
Not singling you out, Peter. I agree with what you've posted.
Nor am I suggesting that the B/S/T be aligned with the purchase and sale of houses.
I merely think that the (prospective) buyers and sellers mentioned within this thread might have benefitted by more transparently disclosing their particular situations here.
Best regards,
Eric