Legal Question in Real Estate Law in Virginia
I put $4,000 down on a house, and I was rejected by same lender twice. Can I get the downpayment back, it is in escrow?
Asked on 10/30/10, 3:46 am
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
No, these funds would not be in escrow, but the terms of your contract
with the lender should provide for the return of this "earnest"
money (or whatever it was called) under he circumstances described.
Answered on 11/04/10, 5:13 am