Suave asked:


I am buying a house and after making several offers on the home they finally accepted an offer. I was asked to pay the real estate agent 1000 dollars in earnest money on a house that i am interested in so that they can see that I am serious bout buying the house. My question is this: If after the inspection I am not happy with the house can I renegotiate the initial offer if all the things that are wrong with the house are not fixed? And if the seller refuses to fix everything with the house, and refuses to lower the price do I have to go through with the deal even if I already gave them 1000 dollars earnest money? And If I do not go through with the deal because I am unsatisfied with repairs on the house am I entitled to get the 1000 dollars earnest deposit back or do I lose this money?

Kayla

angelone46 asked:


Contract on house purchase was not able to be funded and deal fell thru. $1000 earnest money was given to real estate agent. Agent kept earnest money and gave it to the builder. There was nothing in writing about paying any of builders costs or changes that he had made. Changes were very minimal,nothing that would keep the house from being sold to someone else. I have bought several houses and have never run into a situation like this. I have written and sent certified letter to real estate agent, but so far it has done no good. Any one every run into anything like this?

Ryan