Seller not returning earnest money

Posted: sky2007 Date: 22.07.2017

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Home Buying: Realtor not returning my deposit? - Trulia Voices

Seller will not return earnest money? I decided to use a VA loan. The condo wasn't on the list of VA approved complexes. My lender said that they could get a VA spot approval. We had to get an extension I received a mortgage commitment from the lender before the 7th. I signed a release to get back my deposit, but the seller says that I received a mortgage commitment so I'm not getting back the money. On the mortgage commitment it has a contigence that the VA has to approve the condo.

Is the seller legally bound to return the deposit? Are you sure you want to delete this answer? Trending Now Braun Strowman Kate Mulgrew Lexi Thompson Gwyneth Paltrow Toyota Tacoma Gas Credit Card Rob Gronkowski Decaf Daiwa capital markets stockbroking Cups Keyshia Cole Patty Jenkins.

Yes because you can't obtain financing!

seller not returning earnest money

No, the seller is not obligated to return your deposit. Another hard luck lesson to be learned in real estate. Consider yourself fortunate that the ONLY thing you are losing is your earnest money.

An agent makes specific that the suitable contingencies are in the seller not returning earnest money. It appears like the purchasers try to rigidity the sale. Your sister desires a real sources lawyer if she would not have an agent.

Your sister desires somebody on her element conserving her hobbies. Want debt consolidation info? Related Questions Can the sellers cause the earnest money to not be returned?

Find out what most sellers don't know about earnest money

When market stock active slang/foreign words/books the seller have to return the earnest money?

Do we have seller not returning earnest money return the earnest money if a seller backs out at the last minute on a business sale? How long does the seller's realtor have to return the earnest money deposit? As the seller, can I keep the earnest money if buyer discovers damage?

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seller not returning earnest money
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