Asked by Ktorres, 90037 • Wed Jun 1, 2011
copies. My mon was trying to purchase a house and gave $3,000 for escrow. The bank had first approved her loan and they right before closing escrow they said the loan was not approved. Its been a year now and her agent has not been helpfull at all. She filled out a DRE but they recommended a small courts claim. The escrow company said they want $2000 of liquidated damages and we would not need to go to court. My mom does not know if she signeda Liquidated damages clause and her agent is refusing to give her copies of the contracts she signed. Can the sellers keep the $2000 event if it was the bank that backed out? if her agent is not being helpful who else can she get guidance from?
Real Estate in Los Angeles
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