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Updated almost 6 years ago,

User Stats

13
Posts
6
Votes
Aaron Starr
  • Rental Property Investor
  • columbus indiana
6
Votes |
13
Posts

cancel an auction.com deal before closing refund?

Aaron Starr
  • Rental Property Investor
  • columbus indiana
Posted

I won the bid on a house from auction.com in a neighborhood im very familiar with it seemed like an ok deal that i could work with. 31k average comps is 50-70k this was going to be a hold deal. From people i know in the area (renters of mine in same neighborhood) alot of details came to light about this house and i wanted to cancel. does auction.com give you your 5% EMD back if the title company is holding it? i signed all of their documents and was about to close but never went forward past that.

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