Monday, August 1, 2016

Seller refuses to return the deposit. What’s next?

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=340895

I have been in multiple situations where escrow was disputed.  Many times before it becomes a legal issue both parties resolve it.  Splitting the escrow is common if the buyer is at fault in the scenario however it is always important for both parties to seek legal counsel.

"Since the seller refuses to end this amicably, the buyer must now decide on a legal strategy to pursue the deposit. Many factors go into planning an effective legal strategy, such as the amount of money in dispute, the resources of both sides and the persistence of each party."

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