I have contract with a builder to purchase a new home iniatially i put 7500 earnest deposit i was not able to get finance so i cancenled the contract. they promise to refund my earnest deposit in two week it has been i little more then two week so i called them that answer i got is i need to wait another two week. because they were not able to cut on time. and they only cut check every two week. what can i do to put pressure on them to refund my money sooner. i mean is my money i feel i dont need to wait for?
any suggestions?
2007-02-28 07:52:38 · 3 answers · asked by franco vita 2 in Business & Finance ➔ Renting & Real Estate
Anything you can do will take more than two weeks... that being said... you should just wait... BUT it might not be a bad idea to ask them to send you something on company letterhead that states that they are refunding your money and that they will cut the check on x date and mail it to you...
Whatever excuse you can come up with to get them to do that... like you are trying to get approval for another loan and you need proof that you will be getting that money back or... something... basically get it on paper that they ARE returning your money... that way if they change their mind then you have something that proves the "verbal" agreement you now have...
2007-02-28 08:03:22 · answer #1 · answered by AvidBeerDrinker 3 · 0⤊ 0⤋
you have a right to your money back if your financing fell through. Send a certified letter threatening legal action and/or complaints to the state/city department that handles building complaints unless you are paid immediately. Also demand that if you have to take legal action you will not only ask for your $$ back, but also court costs, legal fees and damages.
2007-02-28 15:57:21 · answer #2 · answered by Shredded Cottage Cheese 6 · 0⤊ 0⤋
Have your lawyer contact them.
2007-02-28 15:55:28 · answer #3 · answered by ra63 6 · 0⤊ 0⤋