I put a Duplex under contract a few days ago here in Longbeach Ca,and I was to put the EMD in escrow within 72 hrs, But I couldn't make the Dead line.( I Couldn't Find The Money )My question is , Is the Contract still Valid ? I'm having a sitting with the owner tomorrow and he's going to ask why I haven't deposited the EMD.What can I do ?
What’s my Opinions ?
@Quincy Smith what happened??
@Quincy Smith I would just be honest with him,and ask for a extension
Does he know you are not a real buyer
@Michael Justice -my Buyers backed out at the last Minute
@Michael Justice that’s what I was going to do anyway.
@John Thedford yes, he’s aware of that.
If he knows you are not a real buyer why be bothered with earnest money?
@Quincy Smith your contract isn’t valid. Nothing of value was exchanged