Sadly, many have lost a lot of money due to fraudulent individuals claiming to be professionals. The seller does not lose anything here either, because a non-refundable option money is paid for this period that will not be returned if the buyer decides to terminate the contract. [...] And make sure you read the contract thoroughly and understand it fully before signing it. If the buyer chooses to cancel, it has to be done within the inspection/option period, beyond which the contract cannot be gotten out of that easily.
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