Buyers Sue Bank: Bad Prequalification Cost Them Money, They Contend – Under a washington state law, condo developers can retain the earnest money deposit if a buyer backs out, reports the Seattle Times. The bank apparently declined to comment. However, a real estate.
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Common earnest-money deposit mistakes that some buyers make – Buyers should tread carefully and expect the unexpected. Q. The housing market in our area is pretty hot, with most sellers getting multiple offers. We made an offer to buy a house with a $10,000.
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When A Deal Falls Through Who Gets Escrow Money Depends On Circumstances – Like many home buyers, Pat O’Brien didn’t know how much trouble could occur when a good faith, or earnest. months to get her money back. ”My agent said the paperwork had to go to his broker and.
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6 Times You Really Can Get Your Earnest Money Back – In real estate, the importance of being earnest is measured not by a handshake and a “Sure, we’ll buy your house,” but cold hard cash-aka earnest money. That’s the deposit that you, dear home buyer.
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