Seller Remedies for Buyer Default on a Contract

When a Buyer & Seller have a Binding contract & the Buyer doesn't close and defaults on the contract, what recourse does the Seller have? May the Seller keep the Earnest Money? Sue for damages? Sue for expenses incurred? What if the Seller had spent thousands of dollars on repairs & the Buyer just bails - what may the Seller recover financially? Watch the video to find out!

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Dana Sparks, Qualifying Broker, Maximum One Greater Atlanta, REALTORS

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