In all honesty the vast majority of lawsuits are settled out of court by people who cannot sleep at night because of a case they might win, but the fear of going bankrupt or losing your life savings from a $10 million lawsuit makes them agree to pay the $400K or $500k settlement rather than risk losing millions. 

Quote from @Chris Seveney: Quote from @Navjeet Singh: for example here is detailed documents for one asset held in Ohio - https://asset.lofty.ai/LFTY0007  Time to get an attorney involved Chris you may note on the settlement statement 17k assignment to Martel ..

Flat fee buyer agency is new but growing quickly since the August 2024 agent compensation rule changes/lawsuit settlement.

My opinion is that Colombia is relatively safe investment compared to other Latin American countries for the following reasons:-property rights are strong-legal framework is solid-Colombia’s GDP was the highest in 3Q 2019 compared to all Latin American countries-FDI continues to increase on a Year to year basis-Minimum wage continues to inch upward.

I took a small settlement of a few hundred bucks.Summary - paid my lawyer around 8-9K and walked away with about 20K.

It's been 4 months since settlement, and of course in hindsight I realize (lessons learned>>) that worse things could happen than loosing $6k in a deal gone wrong, that I could have maybe tried harder to find a way out, and that decisions should not be made under pressure when avoidable. 

Rich Dad Global filed for bankruptcy in 2012 for not being able to pay ~$23 million in a settlement (http://en.wikipedia.org/wiki/Robert_Kiyosaki#Controversy).

You learn the basic framework and then jump in. 

In this instance I found after purchasing the home and renovating it that it had settlement issues.

If you accept the EMD, that's a settlement of the claims, otherwise you lien the EMD as part of your litigation to enforce the sale (even though his contingencies failed to occur).