Help!!??!!

[399083453]

Originally Posted by dctam

Earnest money was only 1,000 so no don't need it.

Very smart. Never offer over $1,000. Worst case scenario you loose it, no big deal.

[jackmichigan]

Originally Posted by dctam

Personally I feel that if you are not happy with an inspection you should be able to walk.
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Earnest money was only 1,000 so no don't need it.

Then make sure that is in your offer next time.

At least if you only have $1K at risk, it's not as big of a concern. Still, if the issues raised are valid, you should get that returned.

[berniekosar19]

Originally Posted by dctam

House was always sold but closing after the close of the other. Not happy with inspection so was going to try and use the bridge as an out. Personally I feel that if you are not happy with an inspection you should be able to walk. We do have enough to cover but there is a four day gap so bank was requiring a bridge in which I was going to have to take 24,000 out of retirement account. Purchase agreement says if financing not met earnest to buyer, as does the letter from the lawyer. Earnest money was only 1,000 so no don't need it.

Well, until you close, you haven't actually sold anything, but obviously hope everything proceeds smoothly on that front. I know your issue was that your agent triggered the right to cure clause, so really, if you end up losing your earnest money, you should look to recoup from them.

Definitely have your attorney write a more forceful letter; you definitely seem to be in the right and seller needs to comply. That being said, I agree with the other posters that you should find a place to rent, so you're not forced into purchasing a place you might end up regretting, solely because you feel rushed.

[veuvegirl]

Isn't this your third thread on this?

[DMenscha]

I'm seeing you out $1000. Z(perhaps more if you spent money on inspections, cheap at twice the price) God only knows how much you have spent on attorneys, but to my way of thinking every penny was wasted. Just "Walk Away Renee".