Generally, no. Most contracts state that the buyer is tendering a non-refundable deposit and if the buyer doesn’t go to settlement the property will be re-sold at the buyer’s risk and expense.
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If I decide I don't want a foreclosed property after I bought it at auction, can I get my deposit back?Generally, no. Most contracts state that the buyer is tendering a non-refundable deposit and if the buyer doesn’t go to settlement the property will be re-sold at the buyer’s risk and expense. Comments are closed. |
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