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Updated about 6 years ago, 10/01/2018

User Stats

21
Posts
3
Votes
Vincent C.
3
Votes |
21
Posts

Getting earnest money deposit back; cancelled contract

Vincent C.
Posted

So I cancelled an assignment contract with a wholesaler. Closing date with Sept 10, but the title company wasn't able to close on time. They needed a blue dye test, but didn't keep me updated, until I finally asked and they said they had filed it with the wrong department or town. In the interim, I had reflected on potentially shady pattern in my interactions/encounters, I decided to cancel the deal per the contract as the title was not deliverable by the closing date, confirmed by the title company.

How do I get my earnest money deposit back, and when does the title company give it back? 

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