Seller cannot close because of lien, what now?

[Ezra Nugroho]

Hi BP.

Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surprised. Can't say genuine or not.

Today they sent us a release of contract document, stating that they will send me my earnest deposit back. I am sure that they will do that, but I have put some money in for inspections and appraisal. Do you think it's possible to ask the seller for that back?

Anyone has ever had similar experience before?

[Jon Holdman]

No, you won't be able to get the up front costs you've spent from the sellers.  That's part of the cost of being in this business.