Do I always get my earnest money back if I don’t purchase the home?

Usually but not always. You would get the money back if you cancel the contract by the dues dates for various options you have built into the contract. Generally, these are for the condition of the property, acceptable title, appraised value, and loan approval.

If all these conditions dates are passed, and you change your mind about purchasing the property, or you lose your job, or don’t sell your previous home, or don’t get final loan approval, your earnest money is rarely refundable.

Learn more: Asset Related Questions

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