- 7 years ago
- Wedding: June 2011
Hey bee’s – so I woke up this morning and checked my bank account after payday and…nothing.
So we wrote our escrow check when our offer was accepted on the house we are trying to buy: normal. But we were told by our agent, our check would NOT be cashed, just held: normal?
The inspection was just done and we agreed on what the seller will repair.
We have to re-write our contract in August because the seller is not allowed to sell his house until 90 days has passed from purchasing the property (it was a flip). We will close August 17th if the appraisal goes well.
Is this normal for the earnest money to be cashed before closing?? The only problem I have with this is that we have to re-write the contract.