What Happens When The Buyer Doesn’t Deliver The Deposit? – Toronto Realty Blog

Do you know how many transactions I’ve been involved in, through my entire career, that did not close? One. Exactly one. The property was sold in January of 2020, firm.  Deposit delivered and held in my brokerage’s trust account. About three or four days before the scheduled closing in February, the buyer’s agent said that the buyer wanted to push back…