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Greater chance sure but how often does this really happen? My broker said once in 14 years - I'd be interested to see how often the rest of you guys encounter this.

EDIT: to clarify the title, I don't mean breached, I mean when the buyer asks for an extension before the deadline and the seller refuses and pulls out. I've had to ask for extensions on so many contracts due to delays in getting finance, and every time I freak out thinking the seller is...