On p.71-2 of "Right Now" one of Dean's students describes how he used a down payment from his prospective purchaser to, among other things, fix up a property he had under contract. Since he doesn't explain how this occurred I am not understanding that.
What prospective purchaser would allow his down payment to be used at all for anything other than closing the transaction? What happened to the escrow in this case? How did he convince the prospective buyer to allow use of the down payment?