Hi Please help.
Just suggestion not as a lawyer. I need to know how can I get my deposite back.
I have made an offer of a house which the seller accepted the offer.
The contract was signed with the sentence “PER ADDENDUM” next to my signiture since I know I have a few clauses that I needed to add.
My lawyer sent them the addendum. We signed it but the seller did not.
The addendum stated that if the inspection report come back with $1000 or more worth of damage, we as the buyer has the option to withdraw or renegociate.
Also stated that all earnest $ has to refund to buyer if withdrew within 5 business day.
Now the report came back with $30K worth of damage… of course I as a buyer has notified the seller that we are withdrawing from the contract that I signed with the word per addendum on it.
My Agent said the seller is not signing the release letter so the deposite can not be refunded.
The Seller Agent put the house back on Market. as prooved on MLS.
I am not getting my deposite Back…
SO THE QUESTIONS ARE.
Since he did not sign the addendum. There is NO CONTRACT right?? And I should not have to wait for the releast letter from the seller.
If he decided to sign the addendum now, He has 5 days to return the money or I can charge him interest or sue.
I am dealing directly with the listing realtor. And the seller actually an agent working in this realtor.
The broker is no where to be found.
The listing agent is not returning my call.
What can I do?
$ is held in the realtor’s escrow. And has been cashed.
Any help would be greatly appreciated!