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Updated about 10 years ago,

User Stats

116
Posts
103
Votes
Ezra Nugroho
  • Investor
  • Milpitas, CA
103
Votes |
116
Posts

Seller cannot close because of lien, what now?

Ezra Nugroho
  • Investor
  • Milpitas, CA
Posted

Hi BP.

Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surprised. Can't say genuine or not.

Today they sent us a release of contract document, stating that they will send me my earnest deposit back. I am sure that they will do that, but I have put some money in for inspections and appraisal. Do you think it's possible to ask the seller for that back?

Anyone has ever had similar experience before?

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