I've been working on one of my offers for over a month now. All the contingencies have been taken care of, some MAJOR ones actually. I had this property assigned and ready to close escrow this week and now the Assignee doesn't want to do the deal. Believe me, I've felt very screwed over at this point since the assignee was involved in this process from almost the beginning. I've had other buyers who were interested but they have since moved on to other deals. Now the interesting thing is this. The sellers had 2 other offers 15K more than mine, but they accepted my offer first. The sellers Realtor knows my assignee is getting cold feet and suggested assigning the contract to those other people who also had cash offers. I didnt even think of this tactic. So the lesson for today is if you have someone who you're going to assign a contract to and they back out, find out if there were other offers and assign to them. They obviously were interested and perhaps they still are.