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Notice of Intent to Enforce Forfeiture Provisions of Contact for Deed New York Form

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Notice of Intent to Enforce Forfeiture Provisions of Contact for Deed New York Form

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there may be a situation where the right thing to do is not enforce the contract making that decision is going to take good judgment on your part it's a moral compass you should live by is doing the right thing takes precedence over making money for some reason the property is unable to close due to no fault of the cash buyer such as the seller is unable to provide clear title then terminate the contract and give back his earnest money deposit I have a situation right now at a wholesale deal where I'm in contract to buy a bank owned property and then I contracted with a local cash buyer to wholesale the deal to who put down a ten thousand dollar non-refundable EMD the problem is that closing has now been delayed over 30 days because the bank won't close without a past fire inspection from the local municipality so my cash buyer got tired of waiting and no longer wants to buy the deal and requested to terminate his contract and get his ten thousand dollar EMD ref

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