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step seven in the home selling process is the removal of contingencies so this is a big day uh this is the point of the process where the buyer is going to say hey weve done all of our inspections weve done our appraisal weve done everything that we need to do weve completed all of our investigations weve reviewed all your disclosures everything and we are ready to move forward so when they sign this little magical one-page contingency removal form what happens at that point is their deposit becomes non-refundable so that deposit that they put in at the beginning of the transaction that becomes non-refundable for them so if they back out of this transaction after removing contingencies thats not refundable and youre entitled to keep that deposit a couple other things that happen if you have been considering like when do i give you know when do i finalize my move or when do i like lock up the moving truck or put my deposit down if im gonna go rent something like this is the poin
