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...

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...