Legal Question in Real Estate Law in Indiana

We are cosing on our property January 07, 2011. We are buying a property and closing January 14, 2011. If our buyers walk away fro our contract. And we have to walk away from the new transaction. Would we loose the earnest money we present with the purchase of the new property?


Asked on 12/09/10, 9:33 am

1 Answer from Attorneys

That would depend on what is in your written agreement with the sellers of the home that you are buying.

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Answered on 12/14/10, 2:52 pm


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