QUESTION
Can I get earnest money real estate deposit back. Home failed pest inspection, home inspection showed major problems with heating/air unit.
Asked on Jun 13th, 2016 on Residential Real Estate - California
More details to this question:
Seller says he has no money for repairs. He will not negotiate. Our financing is good , lender wants to know what is going on. The agent supposedly representing us just keeps pushing us buy. She says it is a great deal even "as is". Obviously it is not. My question is Can we get our earnest money deposit back and possibly the money that we paid for home inspection & appraisal.
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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If you are within your contingency period, then you should get all of your earnest money deposit back. You will not get paid for the home inspection and appraisal.
Answered on Jun 15th, 2016 at 4:58 AM