I opened escrow on a property in california, 10 days later i had to cancel the deal due to loan issues.?

Question

Do I get my $3000 deposit back from escrow being that my deposit check was cashed and how long would it take to get it back?

Answer 1

Whether or not you get the money back depends on the contract. If there was a clause that made the contract contingent on you getting financing that you couldn't get, then you can avoid the contract and get a refund.

You or your attorney need to send a letter formally stating that the contract is canceled, and the reason for it, and demand return of your deposit.

Assuming the seller doesn't object, you should get a refund within two weeks.