We are leasing a home with option to buy and we were not able to get qualified to buy in time. We put down $5000 earnest money then an additional $8000 down payment. We also paid $1150 to have a leak in the roof fixed. The sellers are refusing to return any of our money.
Thank You
Koni
Asked on 7/14/11, 1:12 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
You may be able to sue for specific performance, which requires the sellers to close on the contract terms; or to get your money back. If you used the state approved real estate earnest money agreement, you would also be entitled to your attorney fees being paid.
Please call for a free consultation.
Answered on 7/15/11, 7:31 am
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