Losing deposit when canceling escrow

[Vu Truong]

Hi, 

I have a question as Rookie. I want to cancel escrow due to inspection contingency on the last min. Buyer didn’t reply to me or release deposit. Now they are on escrow with different buyer. 
I wonder if they can be on 2 different escrows like that?? 

[Wayne Brooks]

@Vu Truong As long as you properly cancelled the contract Within your contingency period, you are due your EM back. That wouldn’t necessarily prevent the seller from going under contract/escrow with another buyer….since there is no  longer any contractual obligations to sell to you, the release of the EM is a separate issue.  Follow the dispute steps hopefully outlined in your contract.

The bottom line is, if the seller is uncooperative, you’ll likely have file suit to get your EM back.