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Updated over 2 years ago,

User Stats

3
Posts
1
Votes
Jojo Banks
1
Votes |
3
Posts

Earnest money held hostage - please help...

Jojo Banks
Posted

I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At least $30k of repairs needed to be made upfront for me to get the mortgage, and the sellers were not willing to chip in a dime.

It's been a couple of weeks and it's been complete radio silence from the sellers, their agent, and their attorney. I can't get them to sign off on the earnest deposit refund.

What do I do?

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