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Updated over 10 years ago on . Most recent reply

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807
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Nat C.
  • Investor
  • Miami, FL
474
Votes |
807
Posts

Title company won't give my $20,000 EMD back

Nat C.
  • Investor
  • Miami, FL
Posted

I had a property under contract in August 2014. After doing inspections, I realized the scope of repairs was too great so I decided not to proceed. 

The selling agent told me it was no problems and sent me the cancellation form and told me I would get my $20,000 back within a week or 2. 

2 weeks passed with no money so I called him and he told me I needed to contact the title agency directly. I have been calling and emailing them consistently for months. I keep getting shifted around from person to person. Each one says 'I will follow this up and get back to you immediately', which of course they never do.

It is now beyond frustrating. Does anyone know how I can get the 20K back without further nonsense?

Most Popular Reply

User Stats

504
Posts
395
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Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
395
Votes |
504
Posts
Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
Replied

I think the Florida Department of Business and Professional Regulation should get involved. Um, did you say "dong inspections?"

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