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Deductions & credits
Ok... this will all depend on what this large "down payment" really is ... is it going into an escrow account where it will be held until the final sale ? Or is this a final sale with an installment payment ? When does the deed actually change hands ?
A payment you can spend before the sale is final is most unusual so that is why it is being questioned ... so please seek legal assistance locally. If they are letting you have this large payment now and a final payment later sounds like possible real estate fraud or a case of reselling which may be illegal.
‎October 25, 2021
4:56 PM