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Real Estate Escrow Deposit

I attempted to purchase a property in Dallas in May. The closing did not take place because the property had many repairs to do and the repo bank would not make considerations for repairs. Now, I am unable to get my escrow deposit returned. What can i do?

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Attorney answers (1)

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Reputation Level 10
Review the sales agreement and make sure that you are entitled to the refund. If you are, you can write a demand letter to the bank's counsel, reciting the relevant parts of the agreement, detailing what happened, and asking for your refund back. Most lawyers will do this for you for a few hundred dollars.

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