Question:

What is the process of getting earnest money back?

by  |  earlier

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we were not approved for finance and we are in the process of getting our money back. I would like to know what the process is and how long does getting your earnest money take.

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3 ANSWERS


  1. was that written into your sales agreement as a condition of sale? if not you may not get it back.


  2. If you were working with a Realtor, they will have a handle on it. Depending on what the circumstances were, you could get it back within a week.

  3. Buyer subject to financing addendum should be in place to release earnest money. Escrow agent releases funds upon request and signing of both parties.

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