Legal Question in Real Estate Law in North Carolina
real astate
i want to know if i can get back my earnest money deposit money if i decide i didnt want the house because of a high intrest rate 10% of a loan i did sign a purchase agreement contract that the company sent in the mail to me
Asked on 2/11/07, 9:55 am
1 Answer from Attorneys
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: real astate
I would need more information and a look at the conract. 10% is a high rate and, if you qualify for a lower rate, might be predatory or otherwise objectionable.
Answered on 2/13/07, 11:37 am