Updated almost 7 years ago on .
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Money is escrow account for 6 months. Closing not happening.
Good morning,
I purchased a Multi family in February this year. My money is still remaining in closing agents escrow (IOLTA) account.
We still can t closed because sellers contractors need to finish some work (apparently due to damage from a tornado)
Would I be entitled to back out or some sort of compensation ? It is 6 months with no rents.
Thank you