I put $7,500 in escrow with Lighthouse Title in the Detroit, MI area for a 5 property package deal. The RE company PeaceTree Homes can't secure financing and my funds have been tied up nearly 6 months now.
Now PeaceTree wants to change the escrow to a single property deal on a new house (which I haven't signed a purchase agreement on and won't) then use my $7500 as the deposit on the new property. I have no faith in them to close escrow on the new property and have asked to get my deposit returned;, they have refused. Is there any way to end the first escrow and get my deposit back?