Long Story short, they keep on changing the closing costs to the point that we were about $1,000 short. Now we decided not to close and they agreed to return the EMD. On the release form though, the EMD we only are getting back would be $3,000. Every time I asked for clarification they throw out buzz words to me. Any thoughts?
Long Story short, they keep on changing the closing costs to the point that we were about $1,000 short. Now we decided not to close and they agreed to return the EMD. On the release form though, the EMD we only are getting back would be $3,000. Every time I asked for clarification they throw out buzz words to me. Any thoughts?
What’s in the terms of the written, signed agreement?
It would help to get more detail. I don’t know the details of the agreement. If I was going to guess I would say that the agreement that the whole seller signed with the seller said something about the buyer pays all closing cost. If they assigned you the contract then that means you pay the closing cost. Did you not have a clear understanding of what closing cost would be? The title of your post and the body of your post did not match. With that being said some attorneys want to get paid if they do a bunch of work whether it closes or not. After looking at your post in more detail the title seems as if you was trying to insinuate that the Whole Seller was backing out when after thorough examination it appears that you’re the one backing out.
Again with so little information provided I’m making assumptions.