Seller refusing to return deposit

[Xavier Marcial]

Hi everyone! I’m at a loss right now with my situation! Long story short the seller was stringing the deal taking long and longer and wasn’t able to provide the house vacant as the contract stated. At final inspection he had brought in 3 new tenants and was waiting for them to move. I gave him 2 weeks. Still no. Finally i had enough and I pull from the contract. We did have a contingency for vacancy. Lawyers did not contest, however, this guy is ignoring the lawyers and simply not signing off to return my deposit ($20000). What can I do?

[Yoni Benimetzky]

Sounds like a tough situation. Consult with your attorney and if advisable I would ask him to write up a demand letter for you. You want to avoid a lawsuit, and a demand letter shows you mean business but concurrently allows the seller an opportunity to remedy the problem before it escalates.  

Hope that helps