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10 Reasons to Buy a Home Courtesy of LendingTree.com Here are 10 compelling reasons why anybody who can afford it should consider buying a home. Can a Buyer on a Real Estate Contract May be Held Liable Beyond His Earnest Money Deposit? - William Bronchick, Esq. The "standard" real estate contract usually has a provision spelling out the legal remedy of the buyer or seller upon default of the agreement.