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Updated over 4 years ago on . Most recent reply

Account Closed
0
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1
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What about the inspection money?

Account Closed
Posted

I put in an offer on a house that had only been on the market for a few days. The seller sent a counteroffer, which I signed. I put down $1000 in earnest money and last week I paid for the home inspection and the termite inspection. After viewing the inspection report, the seller has decided she is not going to make any repairs; there are a few safety-related repairs and the roof is bad. Since my lender will not loan me the money for the house as is, I had no choice but to back out. How do I go about getting my money back for the inspections?

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37
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40
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Jonathan Burmenko
  • Real Estate Agent
  • Oakland, CA
40
Votes |
37
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Jonathan Burmenko
  • Real Estate Agent
  • Oakland, CA
Replied

@Annie Stark It's the cost of doing business. You don't get a refund but you learned something of value to look for in other properties.

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