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Everything seemed lined up for closing on the 29th with a buyer from one of the deals I shared here a few weeks ago. All due diligence had already passed two weeks ago, so the deal was firm, but I found out the buyer never wired their earnest money into escrow, which was due within 3 days of signing (about a week and a half ago). Title couldn’t even start their process, which raised the red flag. When I dug deeper, I found the buyer’s agent wasn’t registered in Florida (or in IDI), and the end buyer had a trail of bad reviews showing a reputation for pulling stunts like this. Once my agent pressed them, they finally answered, got annoyed about the deposit follow-up, and said they’d just send a cancellation. Now I’m in the position of going back to the seller, either resetting and getting this under contract again, or deciding it’s not worth the hassle. Takeaway: always verify deposits early and don’t assume title or agents are on it. Some buyers are solid, but there’s always a small percentage who will try to game the system. Has anyone else dealt with a situation where the buyer is in breach for not wiring the deposit after DD is over? How did you handle it with the seller?

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Looking for some insight from the group on how you’d handle this: I’m working a novation deal where the seller initially agreed to the structure which includes the possibility that we’d need to list it. We communicated clearly from the beginning, and she even signed an amendment acknowledging that one of my partners was backing out due to the renovation scope being too much. She confirmed verbally that she understood the plan. Now that we’ve enlisted an agent and are seeing buyer interest, she’s suddenly not cooperating, specifically avoiding putting a lockbox on the property, which is stalling showings. When I mentioned the listing again, she claimed she thought we were going to buy it outright, despite multiple conversations where I was clear (or at least thought I was) that this may or may not be resold through listing (like in the agreement) Feels like either a misunderstanding or some cold feet, but I want to approach it carefully. How would you reframe the conversation to re-align expectations, preserve the relationship, and keep the deal moving? Appreciate any guidance