| Name:
Lori
Title of Question:
escrow cancellation |
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Question: We were in escrow as the seller for 17 days. The 16th day before contingincies were signed off the buyer bought another house. The only thing we did not agree to pay for was new carpet 8,000.00 after the inspection was complete, should we keep their deposit? |
Post Your Answer To The Question Above:
Name:
Oscar
| Date: April 5, 2007, 10:04 pm
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| Answer:
Yes because you did not agree and it should have be taken care of. |
| Name:
Matt Anderson
| Date: April 9, 2007, 6:41 pm
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| Answer:
After been in escrow for five months and been harrased by the escrow office to cancel the escrow we agreed with the condition that the instructions be changed and that we will get our deposit back. Well we received the document specifying what we wantedand signed it. That was 3 weeks ago and now the escrow office tells us the buyer may not sign and after 3 years our deposit will go to the estate. How is this possible? They continually pushed us to cancel but now are able to keep the money from us? We are a low income family and cannot afford a lawyer, is this how justice is served in our country? |
| Name:
Libby
| Date: September 16, 2007, 11:10 am
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| Answer:
No. The contigincy of the carpet was denied by you. |
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