Usually I laugh at Ted's luck but this was BS I think.
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Your OSO connection to great S. Florida Real Estate. Treat everything like a dog. If you can't eat it or hump it, piss on it and walk away.
I think (at least in Ok) that once you have agreed on terms and money has changed hands (ie: a deposit), they cant back out. You know, the whole contract thing and all. Unless of course there was a clause in the OG contract or you try to renegotiate the price after you gave them a deposit.