Asked by Ncchong1, Las Vegas, Las Vegas, NV • Sun Oct 14, 2012
6 mos ago, I made an offer for a short sale and the seller agreed on my price and immediately asked me for my earnest deposit which i provided. Now, I just found out that the Bank took the property for auction and the property was sold at a trustee auction. Can this happen? If so, how can the seller ask for my earnest money deposit and yet the bank is selling the property when it was a short sale? Did the listing agent or seller commit fraud? Can I take legal action?
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