So what does it mean to be in default in a real estate contract?
When you are in default, that means that you have not met you obligations per the contract.
What happens when there is a contract in default? Potentially a buyer could lose their earnest money deposit.
Matt Cheney
Washington Fine Properties
M: 202-465-0707
e: [email protected]
You may also like: What Buyers in the DC Metro Area Should Know About Contingencies Before Making an Offer, What Sellers in DC and Maryland Should Know About Contingent Offers in 2026, and What Every Home Seller in Washington DC Needs to Know Before Listing