Seller can’t close because of title problem In R.I

[Fay Brown]

We put a large non-refundable deposit down on a home we want. 3 days before closing our lawyer said there’s problems with the sellers deed so we cannot close as promised...What are our options as getting our deposit back?? The sellers agent said the deed will get fixed but it could take 3 or more weeks...???  Is that grounds to get my deposit back because seller cannot produce clear and good deed on closing date?  This is in R.I

[Theresa Harris]

@Fay Brown  If you want out of the deal, then I'd check with your lawyer as the seller had problems on their end.  Otherwise, 3 weeks is not a long time.  Give them an extension, but stress that if it is not done by a certain date, you get all of your deposit back plus expenses (inspection, lawyer, etc) at that time.