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Old 06-19-2015, 05:17 AM
 
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The return of the earnest money should be addressed in the printed contract. Such as ... if suchand such, contract will be terminated/become null and void/etc with deposit returned to purchaser. Something along those lines.
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Old 06-20-2015, 11:34 AM
 
Location: southwest TN
8,568 posts, read 18,099,118 times
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Quote:
Originally Posted by Djek View Post
(Asking the agent is not an option at this point, since we are using a "Dual agent" and I don't trust them they are defending my rights anymore.)
S/he never was. You used the seller's agent: that's where the loyalty lies.

Quote:
Originally Posted by AZ Manager View Post

No court or other action can force someone to sell their home contract or not.
Absolutely not correct. A court CAN force the sale of a home as can an action of condemnation.

Quote:
Originally Posted by cully View Post
The return of the earnest money should be addressed in the printed contract. Such as ... if suchand such, contract will be terminated/become null and void/etc with deposit returned to purchaser. Something along those lines.
If it is not addressed, you tell the realtor/agent you expect the return of emd and a signed letter rescinding the contract.

One of the reason's I always changed the contracts to read: subject to Buyer's acceptance of inspection results.

That means that only I, as the buyer, had the right of rescission based on my inspector's report.
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Old 06-22-2015, 07:28 AM
 
51,651 posts, read 25,785,636 times
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The return of your earnest money will signify that the contract has ended.

As a duel agent, your agent should be in an excellent position to expedite this.
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