The bank can't fix anything - they don't technically own the house. The only thing they could do would be to reconsider the price. (This is actually up to the investor that is ... more
What is the non-refundable deposit for? Is it for the land transaction itself, or for the agent's commissions? Something sounds funny here...
I understood your question to be if you can get your EMD back if you fail on paying your mortgage, rather than if you fail to obtain a loan on a purchase. If this is your ... more
I would suggest to set down with your agent and talk about this, it seems that he/she did not go over this when you put the multiple offers.