Posted on: 18th Aug, 2010 12:06 pm
Hi, wife and i was looking to get a condo, we both liked it, we gave an offer and it was accepted. We now have given a small down payment for the unit, the problem is she's getting cold feet about it now , doubts if we can afford it. If we pull out of contract at this time , can we get our down payment back ? Thanks
Likley depends on whether or not the financing contigency date has passed or not.
Ask your realtor.
Ask your realtor.
It should say within the contract under the financing contingency clause but, usaully when push comes to shove, you'll be able to get your money back.
