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Foreclosure Forum |
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5 day recison for the Buyer
Ward,the Equity Purchase Agreement has a 5 day rescision for the Seller as well as the Buyer. During the 5 day recision for the Buyer, can the Buyer actually retract from buying the property, if he feels that he wont make enough money, or does he have to have a specific reason for it to be valid, such as: "the amount to cure the foreclosure is more than the amount represented by the seller"?
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