Question: Can I buy a house with an award from a lawsuit?

Answer: Sure -- if the money is there. But, until the matter is finally resolved, appeals run out, and a check is cashed, how does anyone know that there will be money available for a realty purchase?

What if someone contracts to buy a home today with $20,000 in cash due at closing in 60 days -- money to generated from the settlement of a suit. And what happens if the suit is delayed? Money at closing is still required and if the buyer does not close there could be substantial damages -- and maybe another suit....