Legal Question in Real Estate Law in Virginia

Pulling out on buying house

Whatl iabilities will I be in if I pull out on buying a foreclosure property?? Closing date is today.


Asked on 2/12/09, 7:53 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: Pulling out on buying house

Depending on the terms, you will either lose your deposit, or you may be liable for more if the property is sold again for less than your price.

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Answered on 2/12/09, 8:04 am


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