Asked by Jane Hills, Stockton, CA • Sat Oct 19, 2013
I am purchasing a short-sale property. I have inspection done and loan ready, but due to last minute travel need of the seller, both buyer and seller decided that it is better to ask for an extension. Once we filed for extension, I went for a trip abroad myself. Near the original closing date, I was told in email by the listing agent that the bank did not approve the extension, and they would put the property back into the market. Listing agent was a dual agent and was ignorant most of the time. Since then, she didn't want to discuss any possible escalation to continue the transaction. I had no option but to forsaking the money already spent on inspect and loan fees (~$2000).
I refused to sign the cancellation, and have not claimed back my deposit. This is 1 month ago. Is there any chance I can still get back the property?
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