202 views

Kim Saylor

"Broker/Training Manager"
  • 5 Helpful Answers
  • 8 Answers
  • 1 Listing
Agent at Fonville Morisey
Experience:
Broker/Training Manager for Fonville Morisey, A Long & Foster Company April 2007—present
Training Manager, Brier Creek Office 4/2008-Present Broker, Fonville Morisey, April…
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Certifications
& Awards:
Training Manager, Brier Creek Office 4/2008-Present
Listing Associate of the Month/Brier Creek Office October, & November 2007
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Interests:
Past afflication with Relay for Life, Race for the Cure, Cancer Survivor Da ... show more
About:
I worked in Healthcare, for 29 years, giving Radiation Therapy to Cancer Patients. I left one wonderful, rewarding career for another! I Have worked for ... show more
Testimonials:
"Kim, thanks so much for your dedication! Your enthusiasm and dedication made this process not just smooth, but enjoyable. I promise, you won't be a secret ... show more
Kim Saylor answered:
Goose,
Your out, for this contract would indeed be the cost of repair contingency, based on the the estimate your contractor gave. However, the contract also clearly states that it takes a signature from both the buyer and the seller to get your earnest money back. It is a very sticky situation, but a situation that your buyers agent should have spelled out to you very clearly. There is always the possiblity of of a dispute over earnest money!!
Many times the earnest money will remain in a trust account while the dispute is arbitrated. If that does not happen, the Earnest Money may eventually be turned over to the State.
Another possibility is splitting the Earnest money with the Seller, cut your losses and get out of this, or as the others say small claims court.
Good Luck, and hopefully you have a great Buyers Agent to represent you in this difficult time. - Mon Jun 1 2009, 17:39

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