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azmom

(5,208 posts)
Mon May 11, 2015, 11:19 AM May 2015

Real estate question in Arizona

My seller agent found me a cash buyer who put in 5,000 earnest money with a two week close. inspection period ended yesterday, all went well, only a few minor repairs. Last night, my agent called and told me that the earnest money deposit had been placed on hold. Apparently the cash buyer has no cash and cannot close on time. Buyer is inheriting money and there is a hold on it. Agent never said anything about this to me. I had packed, and paid an application fee for a rental. The stress has been unbelievable. Can I make a demand to make my agent pay for some of the distress.

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