We Paid a good lump of our savings towards earnest money at the time of signing the contract for a condo. However, due to builder not agreeing to purchase the flood insurance required by the loaning bank, the contract was made void within 5 days (as specified in the contract). Now the builder is not returning the money. He wants to charge us a fee for the time he spent on the deal. In reality, we already have spent about $1000 on home inspection, appraisal etc on a house that we are not purchasing. I'm not sure how we should proceed. We really appreciate any suggestion.
Chicago, IL - over 4 years ago
Asked in Ashburn, VA - over 1 year ago
Received 3 answers
Asked in Ashburn, VA - about 4 years ago
Received 1 answer
Asked in Ashburn, VA - over 3 years ago
Received 2 answers