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.

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Answered on 2/13/07, 11:37 am


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