How does selling a house "work" in the US? At what point is the deal done?

In the UK seller can pull out of a deal any time up till key exchange (even if 
buyer may already have spent thousands on removals, surveys, etc). Although 
Scotland is much more civilised - contract is binding once seller has 
accepted your offer.

Cheers

Deri

On Monday 21 May 2007 15:37:42 Michael H. Collis wrote:
> The real estate market is severely depressed in some parts of the country.
> I hope ot's not in GA, because it it isn't, you might be waiting about 6
> months to a year before closing.
>
> ---- Original message ----
>
> >Date: Sun, 20 May 2007 20:52:58 -0700
> >From: ken barber <[log in to unmask]>
> >Subject: Re: my surgery went fine   and more news.
> >To: [log in to unmask]
> >
> >thanks gary,
> >
> >i am fine. i am now interviewing real estate agents to
> >sell my house here in georgia in preparation to move
> >to the anniston/oxford area of alabama about 20 miles
> >from my home towm .
>
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