Don't sleep too long and get it in writing! Take a non-refundable deposit. If you get the deposit, don't spend it. If the deal doesn't close and it is because of you, then the deposit IS refundable. The only way that you get to keep the "non-refundable" deposit, when the deal doesn't close, is if it is the purchaser that defaults.

Make sure the offer letter states that the deposit is non-refundable.

Don't take your business advice from message boards on the internet. smile

Last edited by seashell; 05/06/10 08:14 PM.
A fish and a bird can fall in love, but where will they build their nest?