bhartzer - 7:27 pm on Jul 2, 2012 (gmt 0)
There are rules where a domain name cannot be transferred until after 60 days of a prior transfer... so it would have been messy if the buyer backed out of the deal.
francie, that "transferred until after 60 days" is only really if you transfer the domain to another registrar other than Godaddy. Like if you wanted to transfer it to Network Solutions, Moniker, NameCheap, etc.
It can be transferred back to your Godaddy account if the domain name is still at Godaddy. If the buyer, upon receipt of the domain, transferred it out of Godaddy, then it could not be transferred back to Godaddy--you would have to open up an account where the domain name is currently registered.