Thanks! I know in the past they just gave back the original without cashing it, guess depends on who is holding it.

It has been my experience when making an offer that the deposit cheque was held until sale was finalized with all conditions waived and if the sale didn`t go through then the deposit was given back to the buyer. Can the vendor (lawyer) cash the deposit cheque before conditions are waived? What...

Checking with seller and might have an interested buyer. Gonna give the seller a cut for all the extra headaches. QUOTE (ThomasBeyer @ Sep 15 2010, 10:51 AM) It is easiest if the seller is kept in the loop and agrees to it.

If I can`t find a partner and if someone is interested in doing an assignment I guess I`ll check with my lawyer to make sure my bases are covered. If not I`ll just let the offer expire. Thanks again everyone for the insight! QUOTE (JimWhitelaw @ Sep 14 2010, 11:54 PM) I`ve had positive, easy...

Thanks for the advice. I don`t want to be held liable if the deal didn`t close for whatever reason. Even though the seller is someone I know who would probably let me out of the deal, I still don`t want to be in that position. Going to look into possibly finding a partner. Thanks again! QUOTE...

I found these forums after reading Don`s book. Does anyone have any advice on selling an offer? I put an offer on a triplex in Hintonburg in Ottawa on a solid property below market value. It is a private sale with the elderly parents of a co-worker. As of now I`m not sure of getting financing...