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2. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   A buyer who has entered into a contract with a seller who wants to back out should consult a real estate attorney. If the buyer wants to take the case to court, they may have grounds to sue the ...

3. What can a seller do if a homebuyer backs out of the contract?

   www.aol.com/finance/seller-homebuyer-backs...

   Key takeaways. A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common reasons for buyers to back out include issues revealed ...

4. Can you back out of a house offer once it’s been accepted?

   www.aol.com/finance/back-house-offer-once...

   It is possible for a buyer to back out of a signed real estate contract with a seller, but there may be serious consequences. The best way to protect yourself is to build contingencies into the ...

5. Listing contract - Wikipedia

   en.wikipedia.org/wiki/Listing_contract

   The seller, often in concurrence with the real estate agent, may choose to accept an offer that is lower than the highest offer for various reasons, such as terms or contingencies in the purchase contract offered or perceived differences in financial qualification of the competing buyers. Typically, the real estate agent has the experience and ...

6. Closing (real estate) - Wikipedia

   en.wikipedia.org/wiki/Closing_(real_estate)

   Before the closing happens, the settlement agency must ensure that all the money that the lender and buyer expect to send into escrow matches the total amount expected by parties that need to be paid, such as the seller and real estate agents. This matching process means that accounting information is gathered and the order is “balanced.” [8]

7. Equitable conversion - Wikipedia

   en.wikipedia.org/wiki/Equitable_conversion

   In most jurisdictions, the real property interest created by the contract will pass to the buyer's heirs, while the seller's personal property interest created by the contract will pass to the seller's estate. The State of New York does not recognize equitable conversion. In New York, as long as the buyer is without fault, the risk of loss ...