If after signing a sales contract,you withdraw from a transaction without a valid reason,you might have to forfeit the earnest money deposit.

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When a buyer signs a sales contract, they are typically required to provide an earnest money deposit to demonstrate their commitment to the transaction. If the buyer then decides to withdraw from the transaction without a valid reason, they may be in breach of the contract and could be required to forfeit the earnest money deposit as a form of compensation to the seller.

If After Signing a Sales Contract,you Withdraw from a Transaction