I went into contract a month ago without a loan contingency. The seller has a tax deadline of this Thursday. If he misses it, he has to pay $153K on his gains of sale.
His HOA was unable to complete parts of a questionnaire. They flat out refused to fill out out and because of this Wells Fargo couldn't get us the loan until today - the bank needed to get an exception which caused delays.
The seller says we are a day late and he now has to pay the taxes since we can't close by Thursday. So he wants my escrow money and more.
Can he get my escrow money?
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source https://www.reddit.com/r/RealEstate/comments/1gkuved/what_can_i_do/
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