Real estate blog entries tagged with earnest money by Linda Lohman- Former Teacher/Broker (Fonville Morisey Realty)

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Home : Blogs : Linda Lohman- Former Teacher/Broker : Cary Real Estate Blogger.com - a Blob by Linda Lohman : Tag "earnest money"

earnest money: Do You Need a Buyer's Agent? Only if You Want Your Earnest Money Returned! - 10/16/09 11:05 AM

Do you need a buyer's agent? Only if you want your earnest money returned! Here's the scenario: I'm the buyer's agent brought a ready, willing, and able buyer. Made an offer on a short sale. The earnest money was $2000. The home needed extensive plumbing repairs. Buyer was purchasing with eyes wide open. We waited 4 months and still no word from the bank offering approval. The buyer was warned ahead of time that it would be a lengthy process, however he was becoming impatient and the expiration for the $8000 tax credit was looming.
The buyer wanted out, he … (4 comments)

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Linda Lohman- Former Teacher/Broker

Cary, NC

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Fonville Morisey Realty

Address: 1903 High House Road, Cary NC, Apex NC, Raleigh NC, Morrisville NC, Holly Springs NC, Fuquay Varina NC, Cary, NC, 27519

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